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Why SPDR Gold Trust ETF (NYSE Arca: GLD) Belongs in Your Portfolio
Gold's late May decline to its lowest levels in four months could mean now is the time to buy shares in SPDR Gold Trust ETF (NYSE Arca: GLD). GLD is down more than 8% since mid-March to a discounted price of $120.65 a share.
That makes the ETF, whose shares have been sought by the likes of world-renowned hedge fund managers, a value buy right now.
Here’s how SPDR Gold Trust ETF operates – and how it fits into your portfolio today...
Gold's late May decline to its lowest levels in four months could mean now is the time to buy shares in SPDR Gold Trust ETF (NYSE Arca: GLD). GLD is down more than 8% since mid-March to a discounted price of $120.65 a share.
That makes the ETF, whose shares have been sought by the likes of world-renowned hedge fund managers, a value buy right now.
Here’s how SPDR Gold Trust ETF operates – and how it fits into your portfolio today...