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SPDR Gold MiniShares Trust offers a low-cost way to bet on gold hitting $5,400 by 2026.

Market News
20 Aug 2026
24/7 Wall Street
View Source
Bullish
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SPDR Gold MiniShares Trust (GLDM) is the cheapest popular fund to invest in gold aligned with Goldman Sachs' 2026 target of $5,400 per ounce, implying over 20% upside. The fund tracks spot gold with a low fee of 0.1% annually and holds physical gold in a London vault. Goldman’s forecast depends on continued central bank gold buying, especially from countries diversifying away from the dollar, and strong Western ETF inflows. Risks include potential slowing of official purchases and market volatility, as gold prices have shown sharp swings recently. GLDM is a cost-effective alternative to the larger GLD fund for long-term investors willing to accept volatility and no income from gold holdings.

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