Here’s How Much You Would Have Made Owning SPDR Gold Shares Stock In The Last 5 Years
ALBILAD GOLD ETF 9405.SA | 0.00 | |
SPDR Gold GLD | 0.00 |
SPDR Gold Shares (NYSE:GLD) has outperformed the market over the past 5 years by 6.03% on an annualized basis producing an average annual return of 17.52%. Currently, SPDR Gold Shares has a market capitalization of $131.11 billion.
Buying $100 In GLD: If an investor had bought $100 of GLD stock 5 years ago, it would be worth $221.83 today based on a price of $369.52 for GLD at the time of writing.
SPDR Gold Shares’s Performance Over Last 5 Years
Finally -- what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
