SPDR Gold MiniShares Price & Performance (GLDM)

Gold ETFs have attracted over $8.6 billion in net inflows during March, reaching a record $345 billion in assets under management. This surge is driven by ongoing trade tensions and equity market volatility, as investors seek safe-haven assets. SPDR Gold MiniShares Trust and other gold ETFs are leading the charge.1

The SPDR Gold MiniShares Trust (GLDM) has seen notable institutional inflows, totaling nearly $2 billion in the past year. The ETF recently reached a 52-week high, fueled by global economic uncertainties and inflation concerns, prompting both individual and institutional investors to seek gold exposure.23

Gold prices, and gold ETFs like GLD, have hit multiple record highs this year amid fears of recession and trade conflict. However, some analysts caution that optimism may be peaking, with technical indicators suggesting gold could be overbought and a correction possible in the near term.45