SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Sees Unusually-High Trading Volume – What’s Next?

SPDR Gold MiniShares Trust (NYSEARCA:GLDM) saw an uptick in trading volume on Monday . 4,242,649 shares changed hands during trading, a decline of 10% from the previous session’s volume of 4,711,916 shares.The stock last traded at $85.91 and had previously closed at $89.71.

More SPDR Gold MiniShares Trust News

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

• Positive Sentiment: Technical breakout and structural bullish drivers support longer‑term gold upside — volatility has confirmed recent bullish breakouts with gold having surged past key resistance (including moves above $4,500 in some reports), a backdrop that benefits GLDM if the rally resumes. Gold and Silver Technical Analysis: Volatility Surge Confirms Bullish Breakouts
• Positive Sentiment: Analysts and commentators still view the medium‑term gold trend as bullish despite pullbacks, implying GLDM may recover if macro risks and Fed easing expectations persist. Gold Price Outlook – Gold Continues to Look Bullish Despite Pullback
• Neutral Sentiment: Intraday technical guidance is active — traders are watching specific entry/exit levels, which can amplify short‑term swings but doesn’t change GLDM’s underlying exposure to spot gold. Gold Market Analysis for December 29 – Key Intra-day Price Entry Levels for Active Traders
• Neutral Sentiment: Positive developments in the mining sector (e.g., M&A interest and tighter corporate discipline) support the broader gold complex, but these are indirect for GLDM which tracks bullion. Metals One jumps as investee targets South African gold assets
• Neutral Sentiment: Some coverage notes a pullback in gold prices but expects elevated price levels to persist because of geopolitical risks and an easier Fed outlook — a mixed near‑term signal for GLDM. Gold Falls; Prices Likely to Remain Elevated
• Negative Sentiment: Stronger U.S. data (pending home sales +3.3% in Nov.) reduced safe‑haven demand and pressured spot gold to session lows, directly weighing on GLDM. Spot gold at session lows after U.S. pending home sales surprise with 3.3% rise in November
• Negative Sentiment: Multiple pieces highlight profit‑taking and technical corrections that have capped the rally; such short‑term selling explains GLDM’s pullback and elevated trading volume today. Profit-taking price pressure on gold, silver
• Negative Sentiment: Forecasters warn the vertical nature of the recent rally raises pullback risk — if momentum reverses, GLDM could see further near‑term downside. Gold (XAUUSD) Price Forecast: Gold Price Future Risk Grows as Market Goes Vertical

SPDR Gold MiniShares Trust Price Performance

The business’s fifty day moving average price is $82.66 and its 200-day moving average price is $74.36.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in GLDM. Sumitomo Mitsui Trust Group Inc. grew its position in SPDR Gold MiniShares Trust by 26.6% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 18,477,937 shares of the company’s stock worth $1,412,638,000 after buying an additional 3,881,643 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of SPDR Gold MiniShares Trust by 28.6% in the 3rd quarter. Bank of America Corp DE now owns 7,367,296 shares of the company’s stock valued at $563,230,000 after acquiring an additional 1,636,398 shares in the last quarter. Empower Advisory Group LLC bought a new stake in shares of SPDR Gold MiniShares Trust during the 2nd quarter valued at about $336,022,000. Asset Management One Co. Ltd. boosted its position in shares of SPDR Gold MiniShares Trust by 1.3% during the 2nd quarter. Asset Management One Co. Ltd. now owns 4,055,562 shares of the company’s stock valued at $265,720,000 after acquiring an additional 51,172 shares during the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of SPDR Gold MiniShares Trust during the first quarter worth about $231,443,000.

About SPDR Gold MiniShares Trust

The SPDR Gold MiniShares Trust (GLDM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults. GLDM was launched on Jun 25, 2018 and is issued by State Street.