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5/11/2015: Since its inception in November 2004, SPDR Gold Trust ETF (NYSE Arca: GLD) has gone up 153%, despite a 27.05% drop in 2013 – gold's worst year since 1981.
Right now, GLD holds roughly 23.4 million ounces (728.33 tons) of gold, worth $27.7 billion. Investor interest in GLD ETF is positive for the year. The fund's reserves are up 40.75 metric tons, or 4.6%, year to date, according to GLD’s website.
GLD is aimed at lowering many of the barriers, including access, custody, and transactions costs, which had previously prevented some investors from investing in gold. Since shares are listed and traded on a regulated stock exchange, investors can easily and securely buy and sell shares during any regular trading session.