SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Reaches New 1-Year High – Should You Buy?

SPDR Gold MiniShares Trust (NYSEARCA:GLDM) reached a new 52-week high on Monday . The stock traded as high as $87.67 and last traded at $87.5240, with a volume of 713620 shares trading hands. 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 Trading Up 2.2%

The business has a 50-day moving average of $82.10 and a 200 day moving average of $73.55.

Hedge Funds Weigh In On SPDR Gold MiniShares Trust

Institutional investors and hedge funds have recently made changes to their positions in the business. Ameriprise Financial Inc. increased its holdings in SPDR Gold MiniShares Trust by 5.1% during the first quarter. Ameriprise Financial Inc. now owns 2,200,062 shares of the company’s stock valued at $135,522,000 after buying an additional 107,245 shares during the last quarter. Compound Planning Inc. grew its position in shares of SPDR Gold MiniShares Trust by 57.3% during the 1st quarter. Compound Planning Inc. now owns 19,075 shares of the company’s stock valued at $1,181,000 after acquiring an additional 6,946 shares during the period. Kestra Advisory Services LLC increased its stake in shares of SPDR Gold MiniShares Trust by 410.0% in the 1st quarter. Kestra Advisory Services LLC now owns 87,927 shares of the company’s stock worth $5,442,000 after purchasing an additional 70,687 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of SPDR Gold MiniShares Trust by 18.9% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 343,371 shares of the company’s stock worth $21,251,000 after purchasing an additional 54,600 shares in the last quarter. Finally, Synovus Financial Corp raised its holdings in SPDR Gold MiniShares Trust by 3.8% in the 1st quarter. Synovus Financial Corp now owns 129,015 shares of the company’s stock worth $7,985,000 after purchasing an additional 4,709 shares during the period.

About SPDR Gold MiniShares Trust

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.