Gldm stock price momentum in "GLDM stock price" at $43

Momentum in "GLDM stock price" at $43.26 is partly driven by central bank gold purchases. Macro economists link this trend to diversification away from USD-denominated assets, benefiting GLDM holders. This week, Tracey is joined by Neena Mishra, Zacks Director of ETF Research, to talk about gold. Gold is breaking out to new all-time highs again in 2025. It's trading near $3000 an ounce. For investors seeking momentum, SPDR Gold MiniShares Trust GLDM is probably on the radar. The fund just hit a 52-week high and moved up 42% from its 52-week low of $39.35 per share. Are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook on it to get a better idea of where it might be headed: Intraday charts place "GLDM stock price" near $43.29, with RSI entering the neutral zone after last week’s rally. Technical traders watch for a possible ascending triangle breakout above $43.50.