GLD Gold Shares ETF

06.10.23

This ETF Is Now Negative For The Year

At 169.16, GLD has now lost all of its year-to-date advance of 12.8% and gone negative, down less than 0.3%

Since the price of gold is mainly traded in US currency, the dollar's strength continues to be a headwind to the defensive asset. Additionally, both short-term and long-term US Treasury yields offer more competition lately.

30-Day Average Daily Volume Data