SPDR® Gold Shares (GLD®) Celebrates 20 Years as State Street Global Advisors Survey Indicates Investors Have Increased Allocations to Gold Amid Economic Uncertainty [Yahoo! Finance]
State Street Corporation (STT)
Last state street corporation earnings: 4/17 07:38 am
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Source: Yahoo! Finance
Gold ownership expands: 38% of U.S. investors surveyed now hold gold in their portfolios, up from 20% last year. Investors in gold view gold as a safe haven during market volatility (57%) and a hedge against inflation (51%). When suggesting investing in gold to clients, 70% of financial advisors surveyed recommend gold ETFs. BOSTON, November 18, 2024 BUSINESS WIRE )--State Street Global Advisors, the asset management business of State Street Corporation (NYSE: STT), and the World Gold Council, the market development organization for the gold industry, celebrate the 20 th anniversary of SPDR Gold Shares (GLD) . Since its launch on November 18, 2004, GLD has redefined how investors access gold, providing a relatively liquid, transparent, and cost-efficient means of exposure to physical gold. Today, GLD remains the largest gold ETF in the world with over $78.3 billion in assets under management. Investor Sentiment Toward Gold Remains Strong To mark the 20 th anniversary of GLD
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