Spdr® Gold Trust
A gold-backed investment trust whose shares track the price of physical gold bullion, minus expenses. Each share represents a claim on real, allocated gold bars held in vaults in London, New York, and Zurich — the gold is never traded, leased, or loaned. Launched in 2004 by State Street Global Advisors and the World Gold Council, it was created to open gold investing to everyday people. Its "SPDR" name, pronounced "spider," comes from Standard & Poor's Depositary Receipts, the family of funds it belongs to.
SPDR Gold Shares - tracks gold bullion price
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