It is the world's largest Gold ETF that invests in physical gold.
An etf aimed at tracking the "Gold Bullion Price (LBMA Gold Price)" when converted into yen. Price change rate in the past year: +11.05% Price change rate in the past 5 years: +93.87% The net asset value per unit is equivalent to approximately 1/10 troy ounce (about 3.11g) of gold.
Lowering the entry barriers to the gold market and providing a relatively cost-effective investment option. For many investors, the trading costs of SPDR Gold Shares are expected to be more cost-effective than purchasing physical gold bullion, storage, and insurance costs.
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