Gold is a historical “safe-haven” investment and an alternative to traditional stocks and bonds. It offers several unique investment characteristics and investors stand to benefit if they consider gold in the context of its storied history, the secular trends currently supporting its outlook, and the portfolio benefits it may offer over long time horizons.
Gold can be mystifying. But, it stands out as a distinct and independent asset class offering more efficient diversification. Gold offers versatility of investment vehicles, diversification among correlated holdings, and the potential of safety during market volatility. Read how to find the right gold for your portfolio.
Since partnering with the World Gold Council to launch the first US-listed gold exchange traded fund in 2004, State Street has democratized access to gold as an asset class.
We offer the largest1 and most frequently traded2 gold ETF globally. The leadership has translated to robust liquidity, low costs and tight trading spreads.
A quick pulse-check on the gold market, our dashboard has the crucial data points to keep you informed and up to date.
We Are Here to Help
Access our Latest Thinking
*Diversification: Bloomberg Finance L.P and State Street Global Advisors, as of September 30,2020. Gold’s monthly correlation to the S&P 500 Index and Bloomberg Barclays Aggregate Bond Index over the last 20 years are 0.05 and 0.18, respectively. Gold’s daily correlation to the S&P 500 Index and Bloomberg Barclays Aggregated Bond Index in 2020 are 0.38 and 0.20, respectively. Diversification does not ensure a profit or guarantee against loss. Returns: Bloomberg Finance L.P., and State Street Global Advisors. During 2020 volatility, based on average monthlyreturns from 1/1/2020-9/30/2020, gold has provided a return of 24.57%, while the S&P 500 provided a return of 5.89 for the same period. On a longer-term basis, gold has returned 3.74% over a 10-year period from 9/30/2010 to 9/30/2020, and 10.13% for the 20 years from 9/30/2000 to 9/30/2020, while the S&P 500 provided a return of 13.730% and 6.41%, respectively, for the same periods ended 9//30/2020. Notes: gold is represented by LBMA gold price PM ($/oz.). Past performance is not a guarantee of future results. Liquidity: Source: World Gold Council, date range from 01/01/2020 to 9/20/2020. Gold has maintained an average daily trading volume of $189 billion, or $47 trillion annually, which is on par with the S&P 500 average daily trading volume of $212 billion. There can be no assurance that a liquid market will be maintained for ETF shares.
1 Bloomberg Financial, L.P. and State Street Global Advisors; as of March 31, 2021.
2 Bloomberg Financial, L.P. and State Street Global Advisors; measuring by nominal value; as of March 31, 2021.
3 Bloomberg Finance, L.P., World Gold Council, and State Street Global Advisors; as of March 31, 2021.
4 Average daily percent (%) bid-ask spread since inception of GLD on November 18, 2004.
5 SPDR Gold Shares’ option market is 230 times greater than that of next largest competitor based on notional open interest; Bloomberg Finance, L.P., State Street Global Advisors, as of March 31, 2021.
6 Bloomberg Finance L.P., World Gold Council and State Street Global Advisors, as of 31 March 2021.
Hong Kong: State Street Global Advisors Asia Limited, 68/F, Two International Finance Centre, 8 Finance Street, Central, Hong Kong. T: +852 2103-0288. F: +852 2103- 0200.
SPDR® Gold Trust (the “Trust”) is an exchange traded fund designed to track the price of gold (net of Trust expenses).
Investment involves risks, in particular, investing in one single commodity asset class. Fluctuation in the price of gold may materially adversely affect the value of the Trust. Investors may lose part or all of their investment.
The trading price of the shares may be different from the underlying NAV per share.
The Trust may not be suitable for all investors. Investors should not invest based on this marketing material only. Investors should read the Trust’s prospectus, including the risk factors, take into consideration of the product features, their own investment objectives, risk tolerance level etc. and seek independent financial and professional advices as appropriate prior to making any investment.
There can be no assurance that a liquid market will be maintained for ETF shares.
Diversification does not ensure a profit or guarantee against loss.
This website is issued by State Street Global Advisor Asia Limited and has not been reviewed by the Securities and Futures Commission.