Is SPDR Gold Trust a Millionaire Maker?
Gold is red-hot. This gold ETF has outperformed the S&P 500 by a wide margin over the past year.
The U.S. stock market has had a rough start to 2025. The S&P 500 recently entered a correction, and while it quickly bounced back, the index remains below where it was in early January. Meanwhile, the SPDR Gold Trust (NYSEMKT: GLD) has surged 15% this year and 40% over the past 12 months.
The SPDR Gold Trust is a gold ETF, an exchange-traded fund that owns gold bullion. It's a way investors can add gold exposure to their portfolios without physically owning it.
Gold has been a valuable commodity seemingly forever. Yet, individual investors often overlook gold ETFs like the SPDR Gold Trust. Why has gold gotten so hot, and could owning SPDR Gold Trust make you a millionaire?
