SPDR Gold Shares (NYSEARCA:GLD) Hits New 1-Year High – Should You Buy?

SPDR Gold Shares (NYSEARCA:GLD) hit a new 52-week high on Monday . The stock traded as high as $424.05 and last traded at $424.2460, with a volume of 4381114 shares. The stock had previously closed at $414.47.

Key Stories Impacting SPDR Gold Shares

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

• Positive Sentiment: DOJ probe into Fed Chair Powell revived concerns over Fed independence and boosted safe‑haven buying, sending gold to new records and supporting ETF demand. Gold Breaks Through $4,600 on Fed Concerns, Haven Boost
• Positive Sentiment: Major outlets report gold smashing above $4,600 as investigations and global flashpoints ignite a rush into bullion — a direct tailwind for GLD and other physical‑backed ETFs. Gold smashes new record of $4,600 as Powell probe and global flashpoints ignite safe-haven rush
• Positive Sentiment: Coverage links the political/DOJ developments directly to market flows into gold; Kitco highlights new highs above $4,600 and notes the threat to Fed policy independence as a driver of the rally. Gold hits new highs above $4,600 as Trump’s DoJ threatens Federal Reserve monetary policy independence
• Positive Sentiment: Analysts and ETF commentators (Zacks, FXEmpire) note that dovish rate expectations and safe‑haven flows favor continued ETF inflows — supportive for GLD if monetary‑policy uncertainty persists. Gold Hits Record High on Political Uncertainty: Can the ETF Rally Last?
• Neutral Sentiment: Intraday technical and trade‑level analysis provides entry/exit reference points for active traders but does not change the fundamental safe‑haven narrative; useful for short‑term timing around GLD flows. Gold market analysis for January 12 – key intra-day price entry levels for active traders
• Neutral Sentiment: Market watchers point to the U.S. dollar and DOJ headlines as the immediate items to watch; further developments could either extend ETF inflows or reverse moves if policy clarity returns. What I am Watching Today: The US Dollar and the Department of Justice

SPDR Gold Shares Trading Up 2.4%

The company’s 50-day moving average is $390.08 and its 200 day moving average is $352.26. The stock has a market capitalization of $158.37 billion, a PE ratio of -32.43 and a beta of 0.09.

Institutional Investors Weigh In On SPDR Gold Shares

Institutional investors and hedge funds have recently made changes to their positions in the stock. Curated Wealth Partners LLC acquired a new stake in SPDR Gold Shares during the 4th quarter valued at approximately $8,781,000. Wealth Group Ltd purchased a new position in shares of SPDR Gold Shares during the fourth quarter worth $259,000. Schaper Benz & Wise Investment Counsel Inc. WI lifted its position in SPDR Gold Shares by 11.7% during the fourth quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 5,313 shares of the exchange traded fund’s stock valued at $2,106,000 after purchasing an additional 556 shares during the period. Eagle Capital Management LLC boosted its holdings in SPDR Gold Shares by 5.4% in the fourth quarter. Eagle Capital Management LLC now owns 1,974 shares of the exchange traded fund’s stock valued at $782,000 after purchasing an additional 102 shares during the last quarter. Finally, Certified Advisory Corp boosted its holdings in SPDR Gold Shares by 1.1% in the fourth quarter. Certified Advisory Corp now owns 13,079 shares of the exchange traded fund’s stock valued at $5,183,000 after purchasing an additional 147 shares during the last quarter. 42.19% of the stock is currently owned by institutional investors and hedge funds.

SPDR Gold Shares Company Profile

SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.