SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Sets New 1-Year High – Should You Buy?

SPDR Gold MiniShares Trust (NYSEARCA:GLDM) hit a new 52-week high during trading on Tuesday . The stock traded as high as $94.03 and last traded at $93.92, with a volume of 2218985 shares trading hands. The stock had previously closed at $90.71.

SPDR Gold MiniShares Trust News Roundup

Here are the key news stories impacting SPDR Gold MiniShares Trust this week:

• Positive Sentiment: Trump tariff threats and related trade-war fears have triggered heavy flight-to-safety buying, with analysts and commentators pushing price targets toward $5,000 an ounce — a major bullish catalyst for GLDM. Gold (XAUUSD) Price Forecast: Record Gold Rally Targets $5,000 on Trump Tariff Fears
• Positive Sentiment: Reports that global investors are reducing U.S.-centric exposure (“Sell America”) have pushed the dollar and Treasury prices lower, a tailwind for gold and supportive of GLDM’s NAV. ‘This is sell America’ — U.S. dollar, Treasury prices tumble and gold spikes as globe flees U.S. assets
• Positive Sentiment: Multiple market reports note gold and silver hitting record highs on risk aversion and safe-haven flows — broad precious-metals momentum tends to increase ETF inflows and lift GLDM. Strong price gains, record highs in gold, silver on risk aversion
• Neutral Sentiment: Technical and intra-day analyses highlight key resistance and entry levels as traders manage positions — could mean continued volatility rather than a clear directional signal for GLDM flows. Gold market analysis for January 20 – key intra-day price entry levels for active traders
• Neutral Sentiment: Silver’s strong move and broader macro tailwinds reinforce precious-metals interest, but silver-specific drivers may not translate one-for-one to gold ETF flows. Why is Silver Going Up So Much? Silver Outpaces Gold as Macro Tailwinds Build
• Negative Sentiment: Some outlets warn of an imminent technical correction after the rapid run-up; short-term pullbacks in gold could pressure GLDM intraday even if the medium-term trend remains bullish. Gold Edges Lower on Likely Technical Correction

SPDR Gold MiniShares Trust Price Performance

The business’s 50 day simple moving average is $85.37 and its 200 day simple moving average is $76.85.

Hedge Funds Weigh In On SPDR Gold MiniShares Trust

Large investors have recently modified their holdings of the stock. Deane Retirement Strategies Inc. raised its holdings in SPDR Gold MiniShares Trust by 126.4% in the 3rd quarter. Deane Retirement Strategies Inc. now owns 335 shares of the company’s stock valued at $26,000 after acquiring an additional 187 shares during the period. Accredited Wealth Management LLC boosted its holdings in shares of SPDR Gold MiniShares Trust by 174.4% during the third quarter. Accredited Wealth Management LLC now owns 343 shares of the company’s stock worth $26,000 after acquiring an additional 218 shares during the period. ORG Partners LLC acquired a new position in shares of SPDR Gold MiniShares Trust in the second quarter valued at approximately $28,000. Financial Consulate Inc. bought a new position in shares of SPDR Gold MiniShares Trust during the third quarter worth approximately $34,000. Finally, Atlantic Union Bankshares Corp bought a new position in shares of SPDR Gold MiniShares Trust during the second quarter worth approximately $31,000.

SPDR Gold MiniShares Trust Company Profile

The SPDR Gold MiniShares Trust (GLDM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults. GLDM was launched on Jun 25, 2018 and is issued by State Street.