Thursday , 28 March 2024

Tag Archives: GLD shares

Surprise! A Close Look at GLD Reveals What it IS and is NOT (+3K Views)

The most common misunderstandings regarding the primary gold ETF, SPDR Gold Trust (NYSE:GLD) is that it buys and sells gold. That is not the case. It is just a paper asset. It is not a way to buy gold and have someone else store your holdings for you. It is just an innovative way to “own gold.” Below I outline more of just what GLD is and is not.

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