SPDR Gold Shares (GLD)
Top ETFs · Gold · data since 2004-11-18 · last close 2026-09-09
SPDR Gold Shares (GLD) monthly returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 12.3 | 8.7 | -11.1 | -1.5 | -1.5 | -11.7 | 0.9 | 9.9 | -1.2 | · | · | · |
| 2025 | 6.8 | 1.8 | 9.4 | 5.4 | -0.1 | 0.4 | -0.6 | 5.0 | 11.8 | 3.6 | 5.4 | 2.2 |
| 2024 | -1.4 | 0.5 | 8.7 | 3.0 | 1.6 | -0.1 | 5.4 | 2.1 | 5.1 | 4.3 | -3.1 | -1.4 |
| 2023 | 5.8 | -5.4 | 7.9 | 0.9 | -1.3 | -2.2 | 2.3 | -1.3 | -4.8 | 7.4 | 2.5 | 1.3 |
| 2022 | -1.7 | 6.1 | 1.3 | -2.1 | -3.3 | -1.6 | -2.6 | -2.9 | -2.9 | -1.8 | 8.5 | 2.9 |
| 2021 | -3.2 | -6.3 | -1.1 | 3.6 | 7.7 | -7.2 | 2.5 | -0.1 | -3.2 | 1.5 | -0.7 | 3.3 |
| 2020 | 4.5 | -0.6 | -0.2 | 7.3 | 2.6 | 2.7 | 10.8 | -0.3 | -4.2 | -0.5 | -5.4 | 7.0 |
| 2019 | 2.9 | -0.6 | -1.6 | -0.7 | 1.8 | 8.0 | 0.0 | 7.9 | -3.4 | 2.6 | -3.2 | 3.7 |
| 2018 | 3.2 | -2.1 | 0.6 | -0.9 | -1.2 | -3.6 | -2.2 | -2.1 | -0.7 | 2.1 | 0.3 | 4.9 |
| 2017 | 5.4 | 3.2 | -0.4 | 1.7 | -0.1 | -2.2 | 2.3 | 4.2 | -3.4 | -0.8 | 0.4 | 2.1 |
| 2016 | 5.4 | 10.9 | -0.8 | 5.1 | -6.1 | 9.0 | 2.0 | -3.3 | 0.7 | -2.9 | -8.4 | -1.9 |
| 2015 | 8.7 | -5.9 | -2.1 | -0.2 | 0.6 | -1.5 | -6.6 | 3.7 | -1.8 | 2.3 | -6.8 | -0.5 |
| 2014 | 3.4 | 6.3 | -3.1 | 0.5 | -3.0 | 6.3 | -3.6 | 0.4 | -6.2 | -3.0 | -0.5 | 1.3 |
| 2013 | -0.5 | -5.1 | 0.9 | -7.6 | -6.2 | -11.1 | 7.4 | 5.2 | -4.8 | -0.3 | -5.5 | -3.8 |
| 2012 | 11.4 | -3.0 | -1.3 | -0.1 | -6.3 | 2.4 | 0.8 | 4.9 | 4.7 | -2.9 | -0.5 | -2.4 |
| 2011 | -6.4 | 6.0 | 1.6 | 8.9 | -1.8 | -2.4 | 8.4 | 12.3 | -11.1 | 5.9 | 1.7 | -10.7 |
| 2010 | -1.3 | 3.3 | -0.4 | 5.9 | 3.0 | 2.4 | -5.1 | 5.7 | 4.8 | 3.7 | 2.1 | 2.4 |
| 2009 | 5.5 | 1.4 | -2.5 | -3.3 | 10.2 | -5.2 | 2.4 | 0.1 | 5.8 | 3.7 | 12.8 | -7.2 |
| 2008 | 10.8 | 5.2 | -6.0 | -4.2 | 0.9 | 4.5 | -1.4 | -9.3 | 4.1 | -16.1 | 12.6 | 7.7 |
| 2007 | 2.6 | 2.5 | -1.1 | 2.0 | -2.3 | -1.9 | 2.4 | 1.1 | 10.5 | 7.0 | -1.6 | 6.7 |
| 2006 | 9.9 | -1.1 | 3.6 | 12.0 | -1.3 | -4.7 | 3.1 | -1.4 | -4.5 | 1.3 | 6.9 | -1.8 |
| 2005 | -3.6 | 3.1 | -1.6 | 1.2 | -3.9 | 4.3 | -1.4 | 1.4 | 7.6 | -0.6 | 5.8 | 5.0 |
| 2004 | · | · | · | · | · | · | · | · | · | · | 1.7 | -2.9 |
| Avg | 3.7 | 1.3 | 0.0 | 1.7 | -0.5 | -0.7 | 1.2 | 2.0 | 0.1 | 0.8 | 1.1 | 0.8 |
Values in %. Current and first-listed months are partial (greyed).
returnsview.com
GLD seasonality — average by calendar month
SPDR Gold Shares has monthly history back to 2004. Its strongest month by median is January — positive in 15 of 22 years, median +4.0%, and higher in 6 of the last 9. September is the soft spot, down in 12 of 21 with a median of -1.8%. Across its full record it has closed 53% of months higher, swings ±5% in an average month and has fallen 45.6% peak to trough.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avg | +3.7% | +1.3% | +0.0% | +1.7% | -0.5% | -0.7% | +1.2% | +2.0% | +0.2% | +0.8% | +1.1% | +0.8% |
| Win rate | 68%/22 | 59%/22 | 36%/22 | 59%/22 | 36%/22 | 41%/22 | 64%/22 | 64%/22 | 43%/21 | 57%/21 | 55%/22 | 59%/22 |
Win rate = share of positive months / sample size.
GLD risk & extremes
GLD drawdown & rolling returns
Percent below the all-time high at each month-end — how far underwater the asset was.
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Frequently asked questions
What was SPDR Gold Shares's best month?+
SPDR Gold Shares's strongest completed month on record is November 2009, at +12.79%.
What was SPDR Gold Shares's worst month?+
Its weakest completed month on record is October 2008, at -16.14%.
Is SPDR Gold Shares up this year?+
SPDR Gold Shares is up 1.78% year to date, measured from its last close before 1 January.
What is SPDR Gold Shares's 1-year return?+
+20.74% over the past twelve months, comparing the latest close with the most recent close on or before the same date a year earlier.
What is SPDR Gold Shares's biggest drawdown?+
The deepest peak-to-trough fall on record is 45.6%, measured on month-end closes since 2004.
Which calendar month is historically best for SPDR Gold Shares?+
January has the highest average return across every completed January since 2004. An average is not a forecast.
About SPDR Gold Shares
SPDR Gold Shares is a gold business worth about $153 billion. Tracked here from its first session onward — every monthly, quarterly and weekly return on record since 2004, with no gaps filled in and nothing smoothed. And the long game: $100 at its first close here (2004) would be about $906 today.
Did you know?
- Its best month on record was November 2009 at +12.79%; its worst, October 2008 at -16.14%.
Trivia for entertainment — the numbers come from our price data; the jokes don't.