What's New In Investments, Funds? - SSGA, World Gold Council

Editorial Staff

28 June 2018

SSGA, World Gold Council
, have launched the SPDR Gold MiniShares Trust.

GLDM will be initially listed at a per-share trading price of 1/100th of an ounce of gold, as represented by the LBMA Gold Price PM.

With the launch of GLDM, the World Gold Council and State Street Global Advisors have added a third product to their range of gold exchange-traded funds, all of which are backed by physical gold.