Structured as a physically backed exchange-traded fund, it provides investors with exposure to the price performance of gold bullion without the need to hold physical metal. The fund holds allocated gold bars in secure vaults and issues shares that trade on public exchanges, making it a widely used vehicle for hedging inflation, currency risk, and market volatility. With deep liquidity and significant assets under management, it is closely tracked by institutional and retail investors as a proxy for movements in spot gold prices.
15 members of Congress have disclosed 35 trades in SPDR Gold Shares (GLD), a Basic Materials company. The buy/sell breakdown shows 21 purchases versus 14 sales, indicating net buying interest from lawmakers. All data is sourced from STOCK Act periodic transaction reports filed with Congress.
| Date | Politician | Type | Amount |
|---|---|---|---|
| 2009-08-04 | David P. Roe | buy | -$261.56 |
| 2009-07-12 | Harold Dallas Rogers | sell | $565.85 |
| 2009-07-05 | David P. Roe | buy | $89.78 |
| 2009-07-05 | David P. Roe | buy | $90 – $90 |
| 2009-07-01 | Harold Dallas Rogers | sell | $827.61 |
| 2009-06-10 | JEAN SCHMIDT | buy | $15K – $50K |
| 2009-06-10 | JEAN SCHMIDT | buy | $15K – $50K |
| 2009-03-12 | JEAN SCHMIDT | buy | $50K – $100K |
| 2009-03-12 | JEAN SCHMIDT | sell | $15K – $50K |
| 2009-03-12 | JEAN SCHMIDT | buy | $1K – $15K |
| 2009-01-10 | Vern Buchanan | sell | $1K – $15K |
| 2009-01-07 | MICHAEL C. BURGESS | sell | $1K – $15K |
| 2009-01-07 | MICHAEL C. BURGESS | sell | $1K – $15K |
| 2009-01-07 | MICHAEL C. BURGESS | sell | $1K – $15K |
| 2009-01-06 | JEAN SCHMIDT | sell | $1K – $15K |
| 2008-11-08 | Ed Whitfield | buy | $15K – $50K |
| 2008-10-07 | MICHAEL T. MCCAUL | buy | $1K – $15K |
| 2008-08-12 | F. JAMES SENSENBRENNER | buy | $175,286.00 |
| 2008-04-10 | LARRY BUCSHON | sell | $29,205.80 |
| 2008-02-11 | Niki Tsongas | buy | $1K – $15K |
| 2008-01-12 | C. A. DUTCH RUPPERSBERGER | buy | $1K – $15K |
| 2007-12-11 | MICHAEL T. MCCAUL | buy | $319,243.16 |
| 2007-12-11 | MICHAEL T. MCCAUL | buy | $319,243.16 |
| 2007-07-09 | MICHAEL T. MCCAUL | buy | $145,230.72 |
| 2007-07-09 | MICHAEL T. MCCAUL | buy | $145,230.72 |
| 2007-06-12 | John A. Yarmuth | buy | $1K – $15K |
| 2006-04-10 | Lou Barletta | buy | $1K – $15K |
| 2005-06-11 | William R. Keating | sell | $15K – $50K |
| 2004-04-11 | Vern Buchanan | sell | $1K – $15K |
| 2004-03-12 | John A. Yarmuth | buy | $1K – $15K |
| 2003-03-11 | Vern Buchanan | sell | $1K – $15K |
| 2003-02-10 | Vern Buchanan | sell | $15K – $50K |
| 2002-12-07 | DAVE CAMP | buy | $15K – $50K |
| 2002-08-11 | Lou Barletta | buy | 5,794.00 |
| 2001-04-11 | Vern Buchanan | sell | $1K – $15K |