GLD
SPDR Gold Shares
Exchange: nyse
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Description:
GLD, listed on the NYSE, is an exchange-traded fund (ETF) that tracks the price of gold. It is designed to provide investors with exposure to the gold market, allowing them to invest in the precious metal without directly holding physical gold. As a result, GLD's performance is closely tied to the price of gold, making it a popular choice for investors seeking to hedge against inflation or market volatility. With its low expense ratio and high liquidity, GLD has become one of the largest and most widely traded gold ETFs in the world.
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