SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Sees Strong Trading Volume – Time to Buy?

SPDR Gold MiniShares Trust (NYSEARCA:GLDM) saw strong 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: Fed-rate-cut bets and holiday-thin liquidity have boosted safe-haven demand, keeping gold above the $4,300 area — supportive for GLDM’s NAV. Gold (XAUUSD) & Silver Price Forecast: Fed Cuts Fuel $4,400 Gold, Silver Holds $71
• Positive Sentiment: Technical studies show bullish structure holding and spot gold bouncing after testing short-term support (20-day average), reducing near-term downside risk for GLDM. Gold and Silver Technical Analysis: Bullish Structure Holds as Volatility Limits Breakout
• Positive Sentiment: Rising geopolitical tensions are supporting safe-haven demand; recent Kitco reports show gold and silver strength amid risk events, which typically lifts GLDM. Gold gains, silver strongly up as geopolitical tensions rise
• Neutral Sentiment: UBS research projecting multi-thousand dollar targets for gold into 2026 is bullish longer term but may have limited immediate trading impact on GLDM. UBS sees $5,000 gold by Q3 2026…
• Neutral Sentiment: CME margin hikes have shaken metals but also produced a bounce; that adds volatility risk to GLDM intraday flows even as underlying bullion holds higher levels. Gold (XAUUSD) & Silver Price Forecast: $4,360 Gold Rebounds…
• Neutral Sentiment: Non-gold corporate headlines (e.g., Trump Mobile shipping delay) are irrelevant to GLDM but help explain broader market liquidity/tech-news noise. Trump Mobile delays shipment of gold-colored smartphone, FT reports
• Negative Sentiment: Market commentary warns of likely Q1 2026 correction or consolidation as the Fed’s cautious stance and high-rate backdrop remain headwinds for gold’s near-term upside. Gold Edges Higher; Prices Likely to Correct or Consolidate
• Negative Sentiment: Profit-taking and a recent large one-day drop have left trapped longs and technical risk of a deeper correction if support breaks — a tail risk that could pressure GLDM. Gold (XAUUSD) Price Forecast: Gold Market Breakdown Eyes $4,041 Target
• Negative Sentiment: Fed minutes and other Fed-focused commentary showing ongoing inflation focus increase the odds of a delayed rate-cut path, which would be a headwind for gold and GLDM. Gold holding support as minutes show Federal Reserve remains focused inflation

SPDR Gold MiniShares Trust Price Performance

The stock has a 50-day moving average of $82.74 and a 200-day moving average of $74.61.

Institutional Trading of SPDR Gold MiniShares Trust

A number of large investors have recently modified their holdings of GLDM. EverSource Wealth Advisors LLC increased its position in shares of SPDR Gold MiniShares Trust by 34.6% in the third quarter. EverSource Wealth Advisors LLC now owns 564 shares of the company’s stock worth $43,000 after purchasing an additional 145 shares during the last quarter. Legacy Capital Wealth Partners LLC grew its stake in SPDR Gold MiniShares Trust by 0.5% in the 2nd quarter. Legacy Capital Wealth Partners LLC now owns 32,922 shares of the company’s stock worth $2,157,000 after buying an additional 153 shares in the last quarter. Private Trust Co. NA increased its holdings in shares of SPDR Gold MiniShares Trust by 3.9% in the 2nd quarter. Private Trust Co. NA now owns 4,112 shares of the company’s stock worth $269,000 after buying an additional 155 shares during the last quarter. LongView Wealth Management raised its position in shares of SPDR Gold MiniShares Trust by 5.3% during the 3rd quarter. LongView Wealth Management now owns 3,439 shares of the company’s stock valued at $263,000 after buying an additional 172 shares in the last quarter. Finally, Evolution Wealth Management Inc. raised its position in shares of SPDR Gold MiniShares Trust by 55.1% during the 3rd quarter. Evolution Wealth Management Inc. now owns 490 shares of the company’s stock valued at $37,000 after buying an additional 174 shares in the last quarter.

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.