GLD

GLD is an exchange-traded fund (ETF) that aims to track the price of gold. It allows investors to buy shares representing a specific amount of gold, providing exposure without physically owning the metal. When you invest in GLD, you're essentially betting on the gold price to rise or fall. It offers a convenient way to diversify a portfolio with gold, which is often considered a safe-haven asset during economic uncertainty. The fund is managed to hold actual gold or gold-related derivatives to closely match its net asset value.