SPDR Gold Shares (NYSEARCA:GLD) Sees Strong Trading Volume – Here’s What Happened

SPDR Gold Shares (NYSEARCA:GLD) shares saw unusually-high trading volume on Thursday . Approximately 36,148,774 shares were traded during mid-day trading, an increase of 79% from the previous session’s volume of 20,221,369 shares.The stock last traded at $482.7890 and had previously closed at $494.56.

SPDR Gold Shares News Roundup

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

• Positive Sentiment: Citi says gold remains supported by overlapping geopolitical and economic risks even if some of that support may fade later in 2026 — a medium‑term positive for GLD. Citi sees gold supported by risks
• Positive Sentiment: Several analysts characterize today’s sell‑off as a healthy correction after January’s parabolic gains and say the broader bullish trend remains intact — supports using dips to add exposure for longer‑term bulls. Don’t panic: Analysts see gold and silver’s sell-off as a healthy correction
• Positive Sentiment: World Gold Council / market commentary expect demand to stay strong as investors reassess risk, providing structural tailwinds for GLD over time. Gold Demand to Remain Strong as Investors Reassess Risk
• Neutral Sentiment: Technical analysts note the move delivered a near‑perfect 50% retracement of the recent advance — some see this as a capitulation low, others as a pause before further volatility; watch the $5,210/$4,938 (gold spot equivalents) levels cited by technicians. 50% retracement analysis
• Neutral Sentiment: Intraday entry and support/resistance levels have been published for active traders — useful for timing but not a directional guarantee. Gold market analysis for January 30
• Negative Sentiment: Kevin Warsh’s nomination reduced fears of Fed instability/very dovish policy, lowering immediate safe‑haven demand and helping trigger the largest single‑day drop in metals in decades. Trump’s Fed Chair Pick Triggers Gold, Silver’s Worst Day Since 1980
• Negative Sentiment: Profit‑taking and technical blow‑off signals after record highs accelerated the sell‑off; commentators warn of further short‑term downside and high volatility as stops, margin calls and a stronger dollar feed the move. Gold and Silver Prices Plunge from Record Highs—What Investors Need to Know

SPDR Gold Shares Trading Down 10.3%

The company has a 50 day moving average price of $412.03 and a 200 day moving average price of $366.25. The company has a market capitalization of $169.04 billion, a P/E ratio of -32.43 and a beta of 0.09.

Hedge Funds Weigh In On SPDR Gold Shares

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Nicholson Wealth Management Group LLC boosted its holdings in shares of SPDR Gold Shares by 5.0% in the second quarter. Nicholson Wealth Management Group LLC now owns 3,755 shares of the exchange traded fund’s stock valued at $1,145,000 after acquiring an additional 179 shares in the last quarter. Joseph P. Lucia & Associates LLC increased its holdings in shares of SPDR Gold Shares by 8.5% in the second quarter. Joseph P. Lucia & Associates LLC now owns 1,689 shares of the exchange traded fund’s stock valued at $515,000 after buying an additional 132 shares in the last quarter. Princeton Capital Management LLC acquired a new stake in shares of SPDR Gold Shares during the second quarter worth $220,000. Spirepoint Private Client LLC acquired a new stake in SPDR Gold Shares during the 3rd quarter worth about $742,000. Finally, FAS Wealth Partners Inc. lifted its position in shares of SPDR Gold Shares by 71.1% in the 3rd quarter. FAS Wealth Partners Inc. now owns 20,916 shares of the exchange traded fund’s stock valued at $7,435,000 after acquiring an additional 8,691 shares in the last quarter. 42.19% of the stock is owned by institutional investors and hedge funds.

SPDR Gold Shares Company Profile

SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.