GLD · USD per fund share
$406.77−0.84%- Previous close
- 410.22
- Session low
- 403.96
- Session high
- 408.01
- 52-week low
- 326.19
- 52-week high
- 509.70
What you’re looking at.
The displayed price is one share of GLD, a listed product used as a proxy for this commodity. It is not the cash price of a barrel, ounce, or other unit of the underlying commodity.
Why it matters.
Energy and industrial materials connect market prices to fuel, transport, and production costs. Precious metals have different uses and demand drivers. Commodity price changes can affect businesses and household budgets in different ways.
What this number cannot tell you.
Commodity funds can hold physical assets, futures, or other exposures. Fees, futures-contract replacement, and product structure can make performance differ substantially from spot prices. A commodity price rise does not guarantee protection from inflation.
A question worth asking.
What exposure does this product actually provide, and which risks or costs come from its structure?