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SPDR Gold Shares

SPDR Gold Shares (GLD) is an exchange-traded fund (ETF) that allows investors to buy and sell gold through a stock-like instrument. Each share of GLD represents a fraction of actual gold held in secure vaults, providing a convenient way to invest in gold without storing physical metal. The value of GLD reflects the price of gold, offering liquidity and ease of trading. It’s often used as a hedge against inflation, economic uncertainty, or currency fluctuations, enabling investors to gain exposure to gold’s potential as a store of value with transparency and flexibility.