| SPDR® Gold Trust is an investment trust. The Trust holds gold and from time to time issues SPDR® Gold Shares in Baskets in exchange for deposits of gold and distributes gold in connection with redemptions of Baskets. The Average Annual Return Gold is shown above.
The Average Annual Return on the Average Annual Return Gold page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether Average Annual Return Gold or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the GLD average annual return calculation with any dividends reinvested as applicable (on ex-dates).