"Gold has risen 50% over the past year, and the macroeconomic conditions driving that move have not gone away. The Consumer Price Index reached 330.3 in March 2026, sitting at the 90th percentile relative to historical norms."
"SPDR Gold Trust (GLD) is the largest physically backed gold ETF in the world, holding approximately $159 billion in net assets. Each share represents a fractional claim on actual gold bars held in vaults."
"GLD has been trading since November 2004, giving it over two decades of price history through multiple inflation cycles, financial crises, and rate environments. Its year-to-date gain of about 12% mirrors gold's own move."
Gold has increased by 50% over the past year, driven by persistent macroeconomic conditions. The Consumer Price Index is at a high percentile, and M2 money supply continues to grow. The 10-year Treasury yield appears adequate but does not account for inflation exceeding the Fed's target. SPDR Gold Trust is the largest gold ETF, offering liquidity and direct gold exposure. Its expense ratio is 0.40%, which may impact long-term investors. GLD's performance aligns with gold's price movements, making it a preferred choice for many investors.
Read at 24/7 Wall St.
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