SPDR Gold Shares (NYSEARCA:GLD – Get Free Report) saw some unusual options trading on Tuesday. Stock traders bought 957,276 call options on the stock. This is an increase of 34% compared to the average daily volume of 712,540 call options.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the stock. Chapman Financial Group LLC acquired a new stake in SPDR Gold Shares during the 2nd quarter worth approximately $26,000. Hopwood Financial Services Inc. acquired a new position in shares of SPDR Gold Shares in the third quarter valued at approximately $27,000. Vestwell Advisors LLC bought a new stake in shares of SPDR Gold Shares during the third quarter worth $27,000. Steigerwald Gordon & Koch Inc. acquired a new stake in shares of SPDR Gold Shares during the third quarter worth $31,000. Finally, USA Financial Formulas acquired a new stake in shares of SPDR Gold Shares during the fourth quarter worth $31,000. Institutional investors and hedge funds own 42.19% of the company’s stock.
More SPDR Gold Shares News
Here are the key news stories impacting SPDR Gold Shares this week:
- Positive Sentiment: Trump’s tariff threats over Greenland have sparked a flight to safety, pushing gold toward record territory and bullish targets as traders price in higher safe‑haven demand. Gold (XAUUSD) Price Forecast: Record Gold Rally Targets $5,000 on Trump Tariff Fears
- Positive Sentiment: “Sell America” flows — a broad move out of U.S. dollar and Treasuries into alternatives — are lifting gold’s bid, supporting GLD as investors reduce U.S. asset exposure. ‘This is sell America’ — U.S. dollar, Treasury prices tumble and gold spikes as globe flees U.S. assets
- Positive Sentiment: Market commentary and technician notes point to continued upside and historic breakouts; outlets and analysts (including State Street) are increasingly framing $5,000 as a plausible next target, supporting momentum trades into GLD. The odds of gold going to $5,000 just keep getting better and better – State Street’s Aakash Doshi
- Positive Sentiment: Multiple market reports show gold and silver at fresh record highs on risk aversion and safe‑haven buying, which typically increases ETF flows into GLD. Gold price surges to new heights, silver lagging
- Neutral Sentiment: Mining‑specific news (e.g., Pinnacle Silver & Gold confirming high‑grade mineralization at El Potrero) may lift miners but has limited direct impact on GLD’s bullion‑backed ETF flows. Pinnacle Silver and Gold confirms high-grade gold-silver mineralization at El Potrero
- Neutral Sentiment: Silver’s strong performance and industrial demand are supporting overall precious‑metals sentiment, which can indirectly benefit GLD, though silver‑specific moves favor silver ETFs/miners more. Why is Silver Going Up So Much? Silver Outpaces Gold as Macro Tailwinds Build
- Negative Sentiment: Some outlets flag a likely short‑term technical correction after the sharp rally; that raises the risk of transient profit‑taking in GLD even as the medium‑term trend stays bullish. Gold Edges Lower on Likely Technical Correction
SPDR Gold Shares Trading Up 3.7%
SPDR Gold Shares Company Profile
SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.
Further Reading
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