SPDR Gold Shares (GLDON) price

GLDON tracks the price of gold through SPDR Gold Shares. Depending on the issuer, a gold token either follows shares in a gold fund that holds bullion or is issued directly against gold the issuer holds in a vault.

Gold pays no income, so the value of GLDON comes from the gold price alone, less any fund or issuer costs.

Tokenized asset from Ondo Finance representing SPDR Gold Shares (Ondo Tokenized).

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GLDON contract address

hWfiw4mcxT8rnNFkk6fsCQSxoxgZ9yVhB6tyeVcondo

Ticker

GLDON

Issuer

Ondo Finance

Status

Verified

GLDON is issued by Ondo Finance. Ondo Finance issues its tokenized stocks and ETFs through Ondo Global Markets, which holds the underlying securities with custodians and handles minting and redemption for eligible clients.

What you hold is the token, not the underlying asset. GLDON tracks the price of SPDR Gold Shares, but it doesn't give you shareholder rights or a direct claim on the underlying holdings. Minting and redemption are handled by Ondo Finance for eligible clients under its own terms. Solflare is a self-custody wallet for holding and swapping GLDON, and it does not issue, back, or custody the token.

The price of GLDON on Solana is set by on-chain trading. Where liquidity is deep, it tends to stay close to the underlying price. Where liquidity is thin, a small swap can move the price and the gap to the underlying can widen.

The asset behind GLDON doesn't pay distributions, so the value of GLDON reflects price movement alone.

GLDON can be swapped on Solana at any hour, but the fund it tracks trades only during US market hours. Outside those hours there's no live fund price, so the price of GLDON comes from on-chain trading alone and can drift from the fund's last close.

Other tokens tracking SPDR Gold Shares