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GLD- SPDR Gold Trust ETF

The SPDR Gold Trust (GLD) is an exchange traded fund (ETF) launched and managed by World Gold Trust Services, LLC. It was formed on November 12, 2004 and is registered in the United States. 

SPDR invests in commodity markets, specifically gold. The trust’s objective is to take advantage of the performance of the price of gold bullion, even holding gold bars from time to time. The fund issues baskets in exchange for deposits of gold and distributes gold in connection with the redemption of baskets.