SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Reaches New 12-Month High – Here’s What Happened

Shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $87.67 and last traded at $87.5240, with a volume of 713620 shares traded. The stock had previously closed at $85.90.

Key SPDR Gold MiniShares Trust News

Here are the key news stories impacting SPDR Gold MiniShares Trust this week:

• Positive Sentiment: Goldman Sachs projects further upside for bullion, forecasting roughly $4,900/oz by Dec. 2026 — a high-profile bullish price target that supports demand for GLDM’s physical-gold exposure. What to Expect After Gold’s Surge Above $4,400
• Positive Sentiment: Multiple outlets report gold and silver at fresh record highs, reinforcing safe-haven flows and year-end rebalancing into precious metals that benefit GLDM. Gold and silver prices soar to new highs
• Positive Sentiment: Technical breakouts and momentum trading are accelerating the rally (traders chasing breakouts after key levels were cleared), which tends to drive short-term inflows into gold ETFs like GLDM. Gold Rally Accelerates After $4381.44 Breakout
• Positive Sentiment: Macro drivers — softer inflation prints, Fed pause/cut bets and recession worries — are cited broadly as fundamentals strengthening gold’s appeal as an inflation/real-yield hedge, supporting GLDM flows. Fed Pause Bets Fuel Breakout Momentum
• Positive Sentiment: Precious-metals miners led some equity indexes as spot gold surged, signaling broad market recognition of the rally — another confirmation that investors are rotating into metal exposure. Endeavour and Fresnillo top FTSE 100
• Neutral Sentiment: Product and market-structure pieces (how to invest in gold, ETF trends, intra-day technical levels) increase investor interest and education but are unlikely to move GLDM by themselves. How to Invest in Gold
• Neutral Sentiment: A fintech partnership to develop a biometric “wallet of wallets” for tokenized gold could broaden retail/digital access over time, but it’s an indirect/longer-term development for GLDM flows. Trust Stamp and Blue Gold announce letter of intent
• Negative Sentiment: Near-term risks: momentum-driven rallies can prompt volatile reversals or profit-taking, and any sudden rise in real yields or a stronger USD could quickly pressure gold and GLDM — monitor Fed guidance and Treasury yields.

SPDR Gold MiniShares Trust Stock Up 2.2%

The business has a 50 day simple moving average of $82.10 and a two-hundred day simple moving average of $73.55.

Institutional Investors Weigh In On SPDR Gold MiniShares Trust

Institutional investors and hedge funds have recently bought and sold shares of the stock. Orion Porfolio Solutions LLC boosted its holdings in shares of SPDR Gold MiniShares Trust by 34.2% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 38,148 shares of the company’s stock valued at $2,499,000 after acquiring an additional 9,732 shares during the last quarter. Rosenberg Matthew Hamilton lifted its position in SPDR Gold MiniShares Trust by 13.0% during the second quarter. Rosenberg Matthew Hamilton now owns 2,162 shares of the company’s stock valued at $142,000 after purchasing an additional 249 shares during the period. American National Bank of Texas purchased a new stake in SPDR Gold MiniShares Trust in the third quarter worth approximately $3,493,000. Allworth Financial LP boosted its holdings in SPDR Gold MiniShares Trust by 868.9% in the second quarter. Allworth Financial LP now owns 25,656 shares of the company’s stock worth $1,681,000 after purchasing an additional 23,008 shares during the last quarter. Finally, Baker Tilly Wealth Management LLC grew its position in SPDR Gold MiniShares Trust by 14.5% in the 3rd quarter. Baker Tilly Wealth Management LLC now owns 91,476 shares of the company’s stock worth $6,993,000 after purchasing an additional 11,558 shares during the period.

SPDR Gold MiniShares Trust Company Profile

The SPDR Gold MiniShares Trust (GLDM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults. GLDM was launched on Jun 25, 2018 and is issued by State Street.