Stock Traders Buy Large Volume of Call Options on SPDR Gold Shares (NYSEARCA:GLD)

SPDR Gold Shares (NYSEARCA:GLD) was the recipient of unusually large options trading on Monday. Stock investors purchased 1,290,050 call options on the stock. This is an increase of approximately 89% compared to the typical volume of 683,979 call options.

SPDR Gold Shares News Summary

Here are the key news stories impacting SPDR Gold Shares this week:

• Positive Sentiment: Major bank forecasts lift long-term gold outlook — JP Morgan projects gold at $5,055 by Q4 2026, citing new demand from China and crypto-related product development, which supports higher ETF inflows into GLD. JP Morgan sees gold at $5,055 by Q4 2026 as China and the cryptosphere add new demand
• Positive Sentiment: COT positioning and fundamentals point to continued upside for gold into 2026 — analysis suggests managed-money positioning and supportive macro data keep the bullion trade aligned with GLD accumulation. COT Reports Analysis Coupled With Fundamentals Leaves Gold Among The Favorites In 2026
• Positive Sentiment: Gold has hit fresh all‑time highs on safe‑haven and year‑end rebalancing flows, a direct tailwind for GLD as investors rotate into low‑volatility gold exposure. Powerful rallies push gold, silver to all-time highs; safe-haven demand featured
• Positive Sentiment: Wall‑street forecasts remain bullish — Goldman Sachs and others see continued upside (Goldman ~ $4,900 by Dec 2026), reinforcing investor confidence in GLD as a macro hedge. What to Expect After Gold’s Surge Above $4,400
• Positive Sentiment: Technical breakouts and softer US data / Fed‑pause expectations have accelerated momentum, prompting tactical buying that benefits GLD’s flows and price. Gold (XAUUSD) Price Forecast: Gold Rally Accelerates After $4381.44 Breakout
• Positive Sentiment: Precious‑metals miners led European markets as spot gold (~$4,411/oz) and silver set records — sector strength tends to reinforce investor attention to bullion ETFs like GLD. Endeavour and Fresnillo top FTSE 100 as gold and silver hit fresh highs
• Neutral Sentiment: Crypto/gold product development could expand long‑term demand (Trust Stamp + Blue Gold biometric wallet LOI), but direct impact on GLD flows is uncertain and likely gradual. Trust Stamp and Blue Gold announce letter of intent for biometric wallet
• Neutral Sentiment: General investor education pieces on how to buy gold may lift retail interest in GLD over time, though they don’t immediately move the ETF. How to Invest in Gold
• Neutral Sentiment: Individual miner deals (e.g., Ariana) are positive for the mining sector but have limited direct effect on GLD’s performance. Ariana shares jump 9% on A$8m strategic deal for Zimbabwe gold project

Institutional Investors Weigh In On SPDR Gold Shares

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC increased its stake in shares of SPDR Gold Shares by 31,232.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 2,922,406 shares of the exchange traded fund’s stock worth $890,837,000 after purchasing an additional 2,913,079 shares in the last quarter. Bank of Montreal Can bought a new position in shares of SPDR Gold Shares in the third quarter worth about $556,282,000. Corient Private Wealth LLC lifted its position in shares of SPDR Gold Shares by 108.1% during the 2nd quarter. Corient Private Wealth LLC now owns 1,077,230 shares of the exchange traded fund’s stock valued at $327,500,000 after buying an additional 559,507 shares in the last quarter. 59 North Capital Management LP grew its stake in shares of SPDR Gold Shares by 76.4% during the 1st quarter. 59 North Capital Management LP now owns 1,263,196 shares of the exchange traded fund’s stock valued at $363,977,000 after acquiring an additional 547,018 shares during the period. Finally, Kingstone Capital Partners Texas LLC bought a new position in shares of SPDR Gold Shares during the 2nd quarter valued at approximately $120,429,000. 42.19% of the stock is owned by hedge funds and other institutional investors.

SPDR Gold Shares Stock Up 2.3%

Shares of SPDR Gold Shares stock traded up $9.21 during trading on Monday, reaching $408.23. 13,993,584 shares of the stock were exchanged, compared to its average volume of 11,870,207. The firm has a market cap of $147.74 billion, a price-to-earnings ratio of -32.43 and a beta of 0.09. SPDR Gold Shares has a 1 year low of $239.58 and a 1 year high of $408.52. The stock’s fifty day moving average is $381.49 and its 200 day moving average is $341.95.

SPDR Gold Shares Company Profile

SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares). The Trust issues Shares in Baskets to certain authorized participants (Authorized Participants) on an ongoing basis. The creation and redemption of Baskets is only made in exchange for the delivery to the Trust or the distribution by the Trust of the amount of gold and any cash represented by the Baskets being created or redeemed, the amount of which will be based on the combined net asset value of various Shares included in the Baskets being created or redeemed determined on the day the order to create or redeem Baskets is properly received.