GLD

SPDR Gold Shares (GLD) is an exchange‑traded fund that holds physical gold bullion, providing investors with direct exposure to the price movements of gold worldwide. Its strategy is to track the performance of gold by purchasing and storing the metal in secure vaults, thereby reflecting the spot price of gold less any costs of storage and insurance. The fund focuses solely on the precious‑metal sector and does not hold equities, bonds, or other asset classes, making it a geographically neutral vehicle tied to the global gold market. GLD is suitable for investors seeking a simple, liquid way to hedge against inflation, currency risk, or market volatility, as well as for those looking to diversify a portfolio with a non‑correlated asset.