SPDR Gold Shares (GLDX) price

GLDX 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 GLDX comes from the gold price alone, less any fund or issuer costs.

For too long, investing has come with barriers. Borders. Brokers. Limitations. It’s been complicated, costly, and — for millions — out of reach. xStocks were created to change that. xStocks are tokenized stocks. They’re backed 1:1 by the underlying assets, composable with DeFi protocols, compliant with EU regulations, accessible to non-US users, and provide a legal claim to the value of the stock. xStocks enable easy access to 57 US Stocks and ETFs to regular users through top centralized and decentralized exchanges, and can be integrated with other DeFi protocols like any other token.

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GLDX contract address

Xsv9hRk1z5ystj9MhnA7Lq4vjSsLwzL2nxrwmwtD3re

Ticker

GLDX

Issuer

xStocks

Status

Verified

Market cap

$12.53M

Liquidity

$2.93M

24h volume

$2.61M

Fully diluted value

$43.54M

Holders

45K

GLDX is issued by Backed Finance. Backed Finance issues xStocks through Backed Assets (JE) Limited, 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. GLDX 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 Backed Finance for eligible clients under its own terms. Solflare is a self-custody wallet for holding and swapping GLDX, and it does not issue, back, or custody the token.

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

GLDX 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 GLDX comes from on-chain trading alone and can drift from the fund's last close.

Other tokens tracking SPDR Gold Shares