Sources of Revenue: SPDR Gold Trust does not generate revenue from industries, as it is an exchange-traded fund (ETF) that holds physical gold and whose performance reflects the price of gold.

TOP 3 Markets:

1. USA: approx. 50%
2. Europe: approx. 30%
3. Asia: approx. 15%

The SPDR Gold Trust is an ETF primarily used by investors to invest in gold without buying physical gold. The demand for this ETF is heavily dependent on the financial markets of the USA, Europe, and Asia, as these regions represent the largest markets for gold investments. The percentage shares are estimates based on the typical market shares and geographical distribution of investor interests in 2025.

SPDR Gold Trust (ARCA:GLD) is not a company that produces physical products.

The SPDR Gold Trust is an exchange-traded fund (ETF) that tracks the price of gold. It invests in physical gold stored in vaults to secure the value of the fund. The trust itself does not produce anything but offers investors a way to invest in gold without buying the physical metal itself. The gold is stored in secure vaults, typically in countries with stable political and economic conditions.

Current data not available: As of 2025

The SPDR Gold Trust (ARCA:GLD) is not a company in the traditional sense, but an exchange-traded fund (ETF) that holds physical gold. Therefore, the Trust itself does not pursue a growth strategy like a typical company.

The main purpose of the SPDR Gold Trust is to provide investors with a cost-effective and liquid way to invest in gold without having to buy and store the physical metal directly.

For future growth of the fund's volume, the Trust depends on factors such as the demand for gold as an asset class, global economic conditions, and movements in the price of gold. Investors may consider the Trust as a hedge against inflation or economic uncertainties, which could affect the demand and thus the growth of the fund.

Main raw material: Gold

The SPDR Gold Trust (ARCA:GLD) is an exchange-traded fund (ETF) that holds physical gold. The fund itself does not import any commodities or materials, as it invests directly in physical gold.

The gold held by the trust is stored in vaults primarily located in London. The origin of the gold can vary, as it is purchased on the global market. The main producing countries for gold are China, Australia, Russia, the USA, and Canada.

Since the SPDR Gold Trust holds physical gold, it is important to note that the fund does not directly import gold, but acquires gold through the global market. The exact origin of the gold can therefore depend on the respective market conditions and the available supply.

Current gold price: 1,950 USD per ounce (estimated for 2025)
Market share of SPDR Gold Trust: approx. 30% in the ETF sector for gold (estimated for 2025)

The SPDR Gold Trust (GLD) is one of the largest and most liquid gold ETFs worldwide. Its competitive advantage lies in its size, liquidity, and broad acceptance among institutional and private investors. This allows investors to easily and cost-effectively invest in gold without having to hold physical gold.

Another advantage is the low cost structure compared to other forms of investment in physical gold. The Trust also benefits from the strong brand and trust it has built over the years. This gives it a significant edge over smaller and less well-known competitors in the market.

Nevertheless, competition in the ETF sector remains intense as new products and providers regularly enter the market. Therefore, the SPDR Gold Trust must continuously optimize its efficiency and cost structure to maintain its market position.

Institutional investor share: approx. 45% (estimated for 2025) Insider trades: No significant insider transactions known (2025)

The SPDR Gold Trust (ARCA:GLD) is an exchange-traded fund (ETF) that holds physical gold. The institutional investor share typically ranges from about 40-50%, as many institutional investors such as pension funds and investment companies invest in gold as a hedge against market volatility.

Insider transactions are less relevant for an ETF like the SPDR Gold Trust, as it is not a company with operational business. Therefore, there are no classic insiders who could buy or sell shares.

Market share of SPDR Gold Trust (ARCA:GLD): approx. 32% (2025, estimated)

Main competitors and their market shares:

1. iShares Gold Trust (ARCA:IAU): approx. 25%
2. Aberdeen Standard Physical Gold Shares ETF (ARCA:SGOL): approx. 15%
3. VanEck Merk Gold Trust (ARCA:OUNZ): approx. 10%
4. GraniteShares Gold Trust (ARCA:BAR): approx. 8%
5. WisdomTree Physical Gold (LSE:PHGP): approx. 5%

The SPDR Gold Trust (GLD) is one of the largest and oldest gold ETFs and has secured a significant market share due to its liquidity and size. The "moat" of GLD mainly lies in its high liquidity, broad acceptance, and the trust of investors who see it as a benchmark in the gold ETF market.

Compared to its competitors, GLD has the advantage of an established brand and a large base of institutional investors. However, some of the competing ETFs, such as the iShares Gold Trust (IAU), often offer lower cost structures, making them attractive to cost-conscious investors.

Overall, GLD has a significant advantage in terms of liquidity and recognition, while some competitors score points with lower fees and innovative structures. The competition remains intense, and the advantage of GLD could be challenged by strategic adjustments from competitors.

Gold Price (2025 Estimate): $2,000 per ounce

Inflation Rate (2024): 3.5%

Interest Rate (2024): 4.0%

The SPDR Gold Trust (ARCA:GLD) is an exchange-traded fund (ETF) that tracks the price of gold. Investing in GLD is essentially an investment in gold, which is traditionally considered a safe haven in economically uncertain times.

Since the price of gold is often inversely related to interest rates, a stable or declining interest rate in the coming years could support the price of gold. Inflation expectations also play a role, as gold is seen as a hedge against inflation. With an inflation rate of 3.5%, gold could remain attractive.

Furthermore, geopolitical uncertainty or economic volatility could increase the demand for gold. Investors looking for a hedge against market volatility or currency depreciation may consider the SPDR Gold Trust as an attractive option.

Overall, the SPDR Gold Trust could be a good investment for investors seeking diversification and protection against economic uncertainties.

Dividend: None

The SPDR Gold Trust (ARCA:GLD) does not pay a dividend. As an exchange-traded fund (ETF) that holds physical gold, it aims to reflect the price movements of gold.

Since the fund does not generate income from dividends or interest, there are also no regular distributions to shareholders. Investors in GLD mainly benefit from the appreciation of the price of gold.