{
  "schemaVersion": 1,
  "organisationId": "O-f3103204a8bb4ef7a5c102f887099565",
  "slug": "spdr-gold-trust",
  "name": "SPDR GOLD TRUST",
  "updatedAt": "2026-03-19T02:57:35.940262Z",
  "sections": [
    {
      "type": "OVERVIEW",
      "text": "SPDR Gold Trust is a New York investment trust formed on November 12, 2004 that issues shares backed by physical gold bullion. Its investment objective is for the shares to reflect the performance of the price of gold bullion, less the Trust’s expenses, making it a commodity-backed investment vehicle rather than a conventional operating company. The Trust does not use derivative securities; its assets are gold bars held on its behalf by custodians, with holdings maintained in London, New York, or Zurich. Its shares trade on NYSE Arca under the symbol GLD and are also listed in Hong Kong, Mexico, Singapore, and Tokyo, giving it a broad international market presence.[P-e2888eb96cf84ce39e7cda314ebabc1a][P-e54b0f195a1f4348b3c69afb6a1d1fc2][T-963a6196042c4a949b533d0174bb7bbc][P-9a60b646fcc0433cbb1517a62c4e66c0]\n\nThe Trust is administered through external service providers rather than as a staffed commercial enterprise: World Gold Trust Services, LLC is the Sponsor, The Bank of New York Mellon is the Trustee, State Street Global Advisors Funds Distributors, LLC serves as Marketing Agent, and HSBC Bank plc and JPMorgan Chase Bank, N.A. act as custodians. Its scale is better reflected by assets than by revenue or employee count; at September 30, 2024, the Trust held about 28.0 million ounces of gold and had net assets of approximately $73.7 billion. Consistent with its passive structure, the Trust is not managed like a corporation or active investment vehicle, and its only recurring fixed expense is the Sponsor’s fee.[P-e54b0f195a1f4348b3c69afb6a1d1fc2][P-b5193844be2946e2bf1b9cdad73b5b06][T-22a867c7eea540aabe8259ef7e426442][P-153e119d0be54e8191b358badaced6fc][P-b9474f34ea4240d5bab578526af8fbc5]\n[P-e2888eb96cf84ce39e7cda314ebabc1a][P-e54b0f195a1f4348b3c69afb6a1d1fc2][T-963a6196042c4a949b533d0174bb7bbc][P-9a60b646fcc0433cbb1517a62c4e66c0][P-b5193844be2946e2bf1b9cdad73b5b06][T-22a867c7eea540aabe8259ef7e426442][P-153e119d0be54e8191b358badaced6fc][P-b9474f34ea4240d5bab578526af8fbc5]",
      "updatedAt": "2026-03-19T02:57:35.940262Z"
    },
    {
      "type": "PRODUCTS",
      "text": "SPDR Gold Trust’s product is SPDR Gold Shares, an exchange-traded security listed under the ticker GLD on NYSE Arca. The trust is structured to hold physical gold and issue shares that are intended to reflect the performance of the price of gold bullion, less the trust’s expenses, giving investors exposure to the gold market through a securities format rather than direct bullion ownership [P-fadfcc6df0f8448eb95af2080001aeef][P-6d5ad449e41942eba71ba75d08077412][T-6672155892b14233914451b6bd760dfe].\n\nThe shares are backed by allocated gold bullion held by custodians, and the trust’s accounts are designed to hold only gold bars rather than unallocated gold or derivative instruments [T-01d5c9f41cb944f89030fd5b3b3e22f7][P-5432cf36b63f4aae860456d5060f0aff]. The bullion is described as London Good Delivery gold, or gold that otherwise meets the rules of the London Bullion Market Association for good delivery, a standard typically associated with bars weighing about 350 to 430 fine troy ounces and minimum required fineness [P-852bea73e1cc46c5bcd2daeb4507bf56].\n\nShares are created and redeemed only in blocks called Baskets, with each Basket consisting of 100,000 shares, and these transactions are handled through Authorized Participants in exchange for gold rather than cash [P-e2888eb96cf84ce39e7cda314ebabc1a][P-19135ddd3c08438fa8c45a745d3698b6][P-51d69054f9dd4ba692348bd97c66ecbc]. A key product characteristic is that the amount of gold represented by each share declines gradually over time as the trust sells gold to pay expenses, so product performance is linked to gold bullion prices minus accrued costs rather than to any broader mix of operating segments or services [P-5e576f01f6e1415784b1ebd0d7c9b617][P-9830fbd5f2bc445abaee80efc554f83a].\n[P-fadfcc6df0f8448eb95af2080001aeef][P-6d5ad449e41942eba71ba75d08077412][T-6672155892b14233914451b6bd760dfe][T-01d5c9f41cb944f89030fd5b3b3e22f7][P-5432cf36b63f4aae860456d5060f0aff][P-852bea73e1cc46c5bcd2daeb4507bf56][P-e2888eb96cf84ce39e7cda314ebabc1a][P-19135ddd3c08438fa8c45a745d3698b6][P-51d69054f9dd4ba692348bd97c66ecbc][P-5e576f01f6e1415784b1ebd0d7c9b617][P-9830fbd5f2bc445abaee80efc554f83a]",
      "updatedAt": "2026-03-19T02:57:35.940262Z"
    },
    {
      "type": "GEOGRAPHY",
      "text": "SPDR Gold Trust’s administrative presence is centered in New York. Its principal executive office is c/o World Gold Trust Services, LLC, 685 Third Avenue, Suite 2702, New York, New York 10017. The trust is organized under New York law and is administered through third-party service providers rather than a traditional operating business structure. [P-e2090d993014439fb77f09a30e767b27][P-fadfcc6df0f8448eb95af2080001aeef][P-b5193844be2946e2bf1b9cdad73b5b06]\n\nIts key physical asset footprint is in bullion vaults operated by its custodians. HSBC provides custody in London, while JPMorgan provides custody in London, New York, and Zurich; annual bullion counts referenced in the filing were conducted at HSBC’s London vault and JPMorgan’s London and New York vaults. [P-212ae094545c438cba4f717a890e7e6f][P-b5193844be2946e2bf1b9cdad73b5b06][P-1858b486b27546159e5dab2c9e644bbb]\n\nFrom a market-listing perspective, the shares trade on NYSE Arca in the U.S. and are also listed on exchanges in Hong Kong, Mexico, Singapore, and Tokyo. The available materials do not provide revenue by country or region, and no employee distribution or office network beyond the New York executive office is disclosed. [P-9a60b646fcc0433cbb1517a62c4e66c0][P-b5193844be2946e2bf1b9cdad73b5b06]\n[P-e2090d993014439fb77f09a30e767b27][P-fadfcc6df0f8448eb95af2080001aeef][P-b5193844be2946e2bf1b9cdad73b5b06][P-212ae094545c438cba4f717a890e7e6f][P-1858b486b27546159e5dab2c9e644bbb][P-9a60b646fcc0433cbb1517a62c4e66c0]",
      "updatedAt": "2026-03-19T02:57:35.940262Z"
    },
    {
      "type": "SEGMENTS",
      "text": "SPDR Gold Trust does not report multiple business or operating segments. It is a single-purpose investment trust that applies investment-company accounting guidance, and its sole business activity is the investment in gold.[P-267e0ed9a0c249f0bb8275eb4e8b653c][P-bf141acafa264bc6b72ac8ab10ad11de]\n\nThe trust’s single focus area is holding gold bullion to provide exposure to the price of gold, less expenses. Its assets consist only of allocated gold bullion and, at times, limited amounts of gold receivable and cash, with shares created and redeemed against deposits or deliveries of gold rather than through separate operating businesses.[P-e54b0f195a1f4348b3c69afb6a1d1fc2][P-9a60b646fcc0433cbb1517a62c4e66c0][P-10fe9f51020944a19bb0b9d5a86b6f84]\n\nBecause no formal segment breakdown is disclosed, segment contribution percentages are not reported. As an approximation, effectively 100% of the trust’s assets and activity are attributable to its single gold-investment segment.[P-bf141acafa264bc6b72ac8ab10ad11de][P-10fe9f51020944a19bb0b9d5a86b6f84]\n[P-267e0ed9a0c249f0bb8275eb4e8b653c][P-bf141acafa264bc6b72ac8ab10ad11de][P-e54b0f195a1f4348b3c69afb6a1d1fc2][P-9a60b646fcc0433cbb1517a62c4e66c0][P-10fe9f51020944a19bb0b9d5a86b6f84]",
      "updatedAt": "2026-03-19T02:57:35.940262Z"
    },
    {
      "type": "HISTORY",
      "text": "SPDR Gold Trust was formed under New York law on November 12, 2004, with World Gold Trust Services, LLC as sponsor, The Bank of New York Mellon as trustee, State Street Global Advisors Funds Distributors, LLC as marketing agent, and HSBC Bank plc and JPMorgan Chase Bank, N.A. as custodians [P-e54b0f195a1f4348b3c69afb6a1d1fc2]. The trust launched on November 18, 2004, and its shares began trading under the ticker GLD on NYSE Arca, establishing an exchange-traded vehicle intended to reflect the price of gold bullion, less expenses [https://www.spdrgoldshares.com/usa/performance/][P-9a60b646fcc0433cbb1517a62c4e66c0].\n\nGLD was later described by its sponsors as the first U.S. gold-backed ETF, a milestone that helped make physical-gold exposure accessible through a listed security rather than through direct bullion ownership or futures markets [https://www.businesswire.com/news/home/20191118005142/en/SPDR%C2%AE-Gold-Shares-the-First-US-Gold-backed-ETF-That-Changed-How-Investors-Access-Gold-Celebrates-15-Years]. By June 2010, SPDR Gold Shares had surpassed $50 billion in assets, marking an early scale milestone in its development [https://www.gold.org/news-and-events/press-releases/spdrr-gold-shares-exceeds-50-billion-assets].\n[P-e54b0f195a1f4348b3c69afb6a1d1fc2][P-9a60b646fcc0433cbb1517a62c4e66c0][https://www.spdrgoldshares.com/usa/performance/][https://www.businesswire.com/news/home/20191118005142/en/SPDR%C2%AE-Gold-Shares-the-First-US-Gold-backed-ETF-That-Changed-How-Investors-Access-Gold-Celebrates-15-Years][https://www.gold.org/news-and-events/press-releases/spdrr-gold-shares-exceeds-50-billion-assets]",
      "updatedAt": "2026-03-19T02:57:35.940262Z"
    }
  ],
  "sources": [
    {
      "id": "P-e2888eb96cf84ce39e7cda314ebabc1a",
      "href": "https://app.finbar.com/go?id=P-e2888eb96cf84ce39e7cda314ebabc1a",
      "label": "SPDR GOLD TRUST — Full financial report (2024 Y)",
      "documentId": "D-70f01adeb32843828f885fdddbb9e9c4"
    },
    {
      "id": "P-e54b0f195a1f4348b3c69afb6a1d1fc2",
      "href": "https://app.finbar.com/go?id=P-e54b0f195a1f4348b3c69afb6a1d1fc2",
      "label": "SPDR GOLD TRUST — Full financial report (2024 Y)",
      "documentId": "D-70f01adeb32843828f885fdddbb9e9c4"
    },
    {
      "id": "T-963a6196042c4a949b533d0174bb7bbc",
      "href": "https://app.finbar.com/go?id=T-963a6196042c4a949b533d0174bb7bbc",
      "label": "SPDR GOLD TRUST — Full financial report (2024 Y)",
      "documentId": "D-70f01adeb32843828f885fdddbb9e9c4"
    },
    {
      "id": "P-9a60b646fcc0433cbb1517a62c4e66c0",
      "href": "https://app.finbar.com/go?id=P-9a60b646fcc0433cbb1517a62c4e66c0",
      "label": "SPDR GOLD TRUST — Full financial report (2024 Y)",
      "documentId": "D-70f01adeb32843828f885fdddbb9e9c4"
    },
    {
      "id": "P-b5193844be2946e2bf1b9cdad73b5b06",
      "href": "https://app.finbar.com/go?id=P-b5193844be2946e2bf1b9cdad73b5b06",
      "label": "SPDR GOLD TRUST — Full financial report (2024 Y)",
      "documentId": "D-70f01adeb32843828f885fdddbb9e9c4"
    },
    {
      "id": "T-22a867c7eea540aabe8259ef7e426442",
      "href": "https://app.finbar.com/go?id=T-22a867c7eea540aabe8259ef7e426442",
      "label": "SPDR GOLD TRUST — Full financial report (2024 Y)",
      "documentId": "D-70f01adeb32843828f885fdddbb9e9c4"
    },
    {
      "id": "P-153e119d0be54e8191b358badaced6fc",
      "href": "https://app.finbar.com/go?id=P-153e119d0be54e8191b358badaced6fc",
      "label": "SPDR GOLD TRUST — Full financial report (2024 Y)",
      "documentId": "D-70f01adeb32843828f885fdddbb9e9c4"
    },
    {
      "id": "P-b9474f34ea4240d5bab578526af8fbc5",
      "href": "https://app.finbar.com/go?id=P-b9474f34ea4240d5bab578526af8fbc5",
      "label": "SPDR GOLD TRUST — Full financial report (2024 Y)",
      "documentId": "D-70f01adeb32843828f885fdddbb9e9c4"
    },
    {
      "id": "P-fadfcc6df0f8448eb95af2080001aeef",
      "href": "https://app.finbar.com/go?id=P-fadfcc6df0f8448eb95af2080001aeef",
      "label": "SPDR GOLD TRUST — Full financial report (2023 Y)",
      "documentId": "D-17ed0fb2105144e2bf6d1d3d0b0e7801"
    },
    {
      "id": "P-6d5ad449e41942eba71ba75d08077412",
      "href": "https://app.finbar.com/go?id=P-6d5ad449e41942eba71ba75d08077412",
      "label": "SPDR GOLD TRUST — Full financial report (2023 Y)",
      "documentId": "D-17ed0fb2105144e2bf6d1d3d0b0e7801"
    },
    {
      "id": "T-6672155892b14233914451b6bd760dfe",
      "href": "https://app.finbar.com/go?id=T-6672155892b14233914451b6bd760dfe",
      "label": "SPDR GOLD TRUST — Full financial report (2024 Y)",
      "documentId": "D-70f01adeb32843828f885fdddbb9e9c4"
    },
    {
      "id": "T-01d5c9f41cb944f89030fd5b3b3e22f7",
      "href": "https://app.finbar.com/go?id=T-01d5c9f41cb944f89030fd5b3b3e22f7",
      "label": "SPDR GOLD TRUST — Full financial report (2023 Y)",
      "documentId": "D-17ed0fb2105144e2bf6d1d3d0b0e7801"
    },
    {
      "id": "P-5432cf36b63f4aae860456d5060f0aff",
      "href": "https://app.finbar.com/go?id=P-5432cf36b63f4aae860456d5060f0aff",
      "label": "SPDR GOLD TRUST — Full financial report (2024 Y)",
      "documentId": "D-70f01adeb32843828f885fdddbb9e9c4"
    },
    {
      "id": "P-852bea73e1cc46c5bcd2daeb4507bf56",
      "href": "https://app.finbar.com/go?id=P-852bea73e1cc46c5bcd2daeb4507bf56",
      "label": "SPDR GOLD TRUST — Full financial report (2024 Y)",
      "documentId": "D-70f01adeb32843828f885fdddbb9e9c4"
    },
    {
      "id": "P-19135ddd3c08438fa8c45a745d3698b6",
      "href": "https://app.finbar.com/go?id=P-19135ddd3c08438fa8c45a745d3698b6",
      "label": "SPDR GOLD TRUST — Full financial report (2024 Y)",
      "documentId": "D-70f01adeb32843828f885fdddbb9e9c4"
    },
    {
      "id": "P-51d69054f9dd4ba692348bd97c66ecbc",
      "href": "https://app.finbar.com/go?id=P-51d69054f9dd4ba692348bd97c66ecbc",
      "label": "SPDR GOLD TRUST — Full financial report (2024 Y)",
      "documentId": "D-70f01adeb32843828f885fdddbb9e9c4"
    },
    {
      "id": "P-5e576f01f6e1415784b1ebd0d7c9b617",
      "href": "https://app.finbar.com/go?id=P-5e576f01f6e1415784b1ebd0d7c9b617",
      "label": "SPDR GOLD TRUST — Full financial report (2024 Y)",
      "documentId": "D-70f01adeb32843828f885fdddbb9e9c4"
    },
    {
      "id": "P-9830fbd5f2bc445abaee80efc554f83a",
      "href": "https://app.finbar.com/go?id=P-9830fbd5f2bc445abaee80efc554f83a",
      "label": "SPDR GOLD TRUST — Full financial report (2024 Y)",
      "documentId": "D-70f01adeb32843828f885fdddbb9e9c4"
    },
    {
      "id": "P-e2090d993014439fb77f09a30e767b27",
      "href": "https://app.finbar.com/go?id=P-e2090d993014439fb77f09a30e767b27",
      "label": "SPDR GOLD TRUST — Full financial report (2025 Y)",
      "documentId": "D-7ca4fcda752e4fc3a66e6f3cdc3381e3"
    },
    {
      "id": "P-212ae094545c438cba4f717a890e7e6f",
      "href": "https://app.finbar.com/go?id=P-212ae094545c438cba4f717a890e7e6f",
      "label": "SPDR GOLD TRUST — Full financial report (2024 Y)",
      "documentId": "D-70f01adeb32843828f885fdddbb9e9c4"
    },
    {
      "id": "P-1858b486b27546159e5dab2c9e644bbb",
      "href": "https://app.finbar.com/go?id=P-1858b486b27546159e5dab2c9e644bbb",
      "label": "SPDR GOLD TRUST — Full financial report (2024 Y)",
      "documentId": "D-70f01adeb32843828f885fdddbb9e9c4"
    },
    {
      "id": "P-267e0ed9a0c249f0bb8275eb4e8b653c",
      "href": "https://app.finbar.com/go?id=P-267e0ed9a0c249f0bb8275eb4e8b653c",
      "label": "SPDR GOLD TRUST — Full financial report (2024 Y)",
      "documentId": "D-70f01adeb32843828f885fdddbb9e9c4"
    },
    {
      "id": "P-bf141acafa264bc6b72ac8ab10ad11de",
      "href": "https://app.finbar.com/go?id=P-bf141acafa264bc6b72ac8ab10ad11de",
      "label": "SPDR GOLD TRUST — Full financial report (2024 Y)",
      "documentId": "D-70f01adeb32843828f885fdddbb9e9c4"
    },
    {
      "id": "P-10fe9f51020944a19bb0b9d5a86b6f84",
      "href": "https://app.finbar.com/go?id=P-10fe9f51020944a19bb0b9d5a86b6f84",
      "label": "SPDR GOLD TRUST — Full financial report (2023 Y)",
      "documentId": "D-17ed0fb2105144e2bf6d1d3d0b0e7801"
    },
    {
      "id": "https://www.spdrgoldshares.com/usa/performance/",
      "href": "https://www.spdrgoldshares.com/usa/performance/",
      "label": "www.spdrgoldshares.com"
    },
    {
      "id": "https://www.businesswire.com/news/home/20191118005142/en/SPDR%C2%AE-Gold-Shares-the-First-US-Gold-backed-ETF-That-Changed-How-Investors-Access-Gold-Celebrates-15-Years",
      "href": "https://www.businesswire.com/news/home/20191118005142/en/SPDR%C2%AE-Gold-Shares-the-First-US-Gold-backed-ETF-That-Changed-How-Investors-Access-Gold-Celebrates-15-Years",
      "label": "www.businesswire.com"
    },
    {
      "id": "https://www.gold.org/news-and-events/press-releases/spdrr-gold-shares-exceeds-50-billion-assets",
      "href": "https://www.gold.org/news-and-events/press-releases/spdrr-gold-shares-exceeds-50-billion-assets",
      "label": "www.gold.org"
    }
  ]
}