Description
The Closing Price of the SPDR Gold ETF is published by State Street Global Advisors. This indicator represents the final trading price for the SPDR Gold Trust (GLD) ETF at the end of a trading day. It is widely used to gauge the daily performance of gold prices as well as investor sentiment towards gold. A higher closing price indicates an increase in gold value, while a lower price suggests a decrease.
The closing price is determined by the last trade executed before the market closes for the day. It reflects the final agreed-upon price between buyers and sellers for that trading session.
The closing price is updated at the end of each trading day, typically around 4:00 PM Eastern Time (ET) when the market closes.