GLD: Still Gold's Best ETF Play?
The price of gold hit an all-time high of about $5,600 per ounce this January. It's pulled back to about $4,680 as of this writing, but it's still up 40% over the past 12 months. That rally was driven by the Fed's six interest rate cuts in 2024 and 2025, which weakened the U.S. dollar and boosted gold's value; as well as investors flocking to gold as a safe-haven asset amid escalating geopolitical conflicts, trade wars, tariffs, elevated inflation, and other macro headwinds.
One of the easiest ways to profit from that trend without buying physical gold bars is to invest in an exchange-traded fund (ETF) that tracks the price of gold. The most popular gold ETF is the SPDR Gold Trust (NYSEMKT: GLD), which was launched in 2004. With $157.5 billion in assets, it's also the world's largest gold ETF by a wide margin -- but is it still the best one for investors?
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Source Fool.com
