GLD stock
Definition
The ticker symbol 'GLD' on major stock exchanges refers to SPDR Gold Shares, an exchange-traded fund (ETF) designed to track the price of gold bullion, minus the trust's expenses.
Launched as one of the first gold ETFs, GLD holds physical gold bars in vaults and provides investors with a cost-efficient way to gain exposure to gold prices without owning the metal directly.
Examples
When fiat currencies wobble, investors flock to GLD stock like bees to a golden honeycomb.
My portfolio's secret weapon? GLD stock, because nothing hedges against chaos like a vault full of pirate treasure.
Forget day trading memes; parking cash in GLD stock is the chill way to bet on humanity's love affair with shiny rocks.
As inflation whispers sweet nothings, GLD stock rises quietly, proving old-school gold still outshines crypto hype.