Skip to content
Subscriber Only

SPDR Gold Trust Is Having a Bummer of a Birthday

The SPDR Gold Trust (GLD ) has done a lot of living for a 10-year-old.

GLD, which hits the decade mark next week, isn't half the exchange-traded fund it used to be. Assets stand at $27 billion, down from $76.7 billion three years ago, because of muted inflation, a stronger dollar and the continued rally in the stock market. Even so, GLD still accounts for 46 percent of the global gold ETF market and 80 percent of the gold ETF market in the U.S.