If You Invested $1000 In SPDR Gold MiniShares Trust Stock 5 Years Ago, You Would Have This Much Today - S

SPDR Gold MiniShares Trust (NYSE:GLDM) has outperformed the market over the past 5 years by 6.52% on an annualized basis producing an average annual return of 17.28%. Currently, SPDR Gold MiniShares Trust has a market capitalization of $29.52 billion.

Buying $1000 In GLDM: If an investor had bought $1000 of GLDM stock 5 years ago, it would be worth $2,202.95 today based on a price of $79.03 for GLDM at the time of writing.

SPDR Gold MiniShares Trust’s Performance Over Last 5 Years

Finally -- what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

VWAV’s $20M Order Could Be Just The Start Of A Bigger Defense Story

Promoted by VisionWave(17b disclosure)

VisionWave Holdings, Inc. (NASDAQ: VWAV) is making progress as it develops AI-powered defense systems, backed by $20M in autonomous vehicle orders and a growing pipeline.

XORTX Therapeutics (XRTX) Moves Closer To FDA Filing For New Gout Treatment

Promoted by XORTX Therapeutics(17b disclosure)

XORTX Therapeutics is targeting a new drug application next year for XORLO. It estimates a potential $700 million-a-year opportunity.

Greenland Mines Ltd. (NASDAQ:GRML) Is Advancing a Major Gold, Palladium and Platinum Deposit

Promoted by Greenland Mines(17b disclosure)

The company says its Skaergaard Project is one of the world’s largest undeveloped gold, palladium and platinum deposits.

GLDMSPDR Gold MiniShares Trust

Not Available-%

Overview

Market News and Data brought to you by Benzinga APIs

To add Benzinga News as your preferred source on Google, click here.