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ETF Name
GLD_CFD.ETF
Market
Commodities
Costs
0.07 %
Daily
-0.06%Weekly
-1.02%Yearly
37.99%Gold
SPDR Gold Shares (Trsut)
GLD_CFD.ETF
GLD is the largest ETF to invest directly in physical gold. NAV is determined using the LBMA PM Gold Price (formerly the London PM Gold Fix), so GLD has an extremely close relationship with spot prices. Its structure as a grantor trust protects investors; trustees cannot lend the gold bars. However, taxes on long-term gains can be steep, as GLD is deemed a collectible by the IRS. It is extremely liquid, trading at miniscule spreads. Although more expensive to hold than competitor IAU, GLD is typically cheaper to trade. Also, GLD's NAV has a larger handle, which corresponds to more gold exposure per share. Investors paying per-share commissions should find this fact appealing.
Gold
SPDR Gold Shares (Trsut)
GLD_CFD.ETF
Daily
-0.06%Weekly
-1.02%Yearly
37.99%
GLD is the largest ETF to invest directly in physical gold. NAV is determined using the LBMA PM Gold Price (formerly the London PM Gold Fix), so GLD has an extremely close relationship with spot prices. Its structure as a grantor trust protects investors; trustees cannot lend the gold bars. However, taxes on long-term gains can be steep, as GLD is deemed a collectible by the IRS. It is extremely liquid, trading at miniscule spreads. Although more expensive to hold than competitor IAU, GLD is typically cheaper to trade. Also, GLD's NAV has a larger handle, which corresponds to more gold exposure per share. Investors paying per-share commissions should find this fact appealing.
ETF Name
GLD_CFD.ETF
Market
Commodities
Costs
0.07 %
Instrument specification for SPDR GOLD TRUST ETF
Name
GLD_CFD.ETF
Minimum order value
1
Description
SPDR GOLD TRUST
Maximum order value
122
Transaction Step
1
Type
ETF
Trading Hours
monday-friday 15:31-21:59
Contract size / 1 lot
Price * 1 USD
Deposit required
20%
Value of 1 pip
0.01
Financial leverage
5:1
Minimal step
0.01
Long swap (daily)
-0.02025%
Short sale
YES
Short swap (daily)
-0.00197%
Distance SL and TP
0
3-day swap (date)
5
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