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GLD does not currently pay a dividend.
See exactly how GLD's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for GLD and 80,000+ other tickers.
The SPDR Gold Trust aims to mirror the market price movements of physical gold bullion, after deducting its operational expenses. This pioneering fund was the first gold exchange-traded fund (ETF) to be introduced in the U.S., and also the initial U.S.-listed ETF to be backed by a tangible asset. For a significant number of investors, the combined expenses of purchasing GLD shares on the secondary market and covering the Trust's continuous fees could be lower than the expenditures associated with directly acquiring, safeguarding, and insuring physical gold within a conventional allocated bullion account.
Spot gold and silver prices are higher in early U.S. trading Thursday, as lower crude oil prices and a modest pullback in Treasury yields helped precious metals recover after the Federal Reserve delivered its first rate hike in three years and signaled that more tightening may still be needed.
Gold prices are trading near session highs on Thursday morning following the release of better than expected labor market data after the number of Americans filing new claims for unemployment benefits came in below economists' forecasts.
Gold prices are trading near session highs this morning after the latest data showed the U.S. housing market delivering a weaker-than-expected performance last month.Housing starts fell 2.6% in July to a seasonally adjusted annual rate of 1.275 million units, the Commerce Department announced on Thursday. The data was worse than expected as economists looked for a rise to 1.310 million units.
The gold market is once again holding its own above critical near-term support, even as the U.S. manufacturing sector appears to be more resilient than economists had expected, according to the latest regional data from the Philadelphia Federal Reserve.
The gold market is trading just off its session highs after the Bank of England decided to leave interest rates unchanged following its September monetary policy meeting.