---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000861710.md"
description: "$SPDR Gold Minishares(GLDM.US)1️⃣ ContextSpot gold fell roughly 30% from its peak of $5,602.23, and I believe it is finding a solid base when it was trading around $4k.The macro backdrop is increasingly favourable for the yellow metal with President Trump in the office. 🤣I compared several gold ETFs and  decided to chose GLDM. The main reason: It has one of the lowest management fees and substantial AUM making it the most efficient choice for long term holders.2️⃣ My TradeI started buying GLDM in mid‑July and have been dollar cost averaging weekly ever since. My average cost is $81.982 and it is now at $89.69, up +9.40%! 😁3️⃣ My takeawayAlways keep hunting for opportunities. Uncertainty creates them. Gold is my conviction, stay consistent, buy steadily, ignore the noise and trust the fundamentals. 💛Cheers gold 🚀🚀"
datetime: "2026-08-19T23:33:45.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000861710.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000861710.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000861710.md)
author: "[Fattycat](https://longbridge.com/en/profiles/19854884.md)"
generator: "portal-rs"
---

# $SPDR Gold Minishares(GLDM.US)1️⃣ ContextSpot gold…


### Related Stocks

- [GLD.US](https://longbridge.com/en/quote/GLD.US.md)
- [GLDM.US](https://longbridge.com/en/quote/GLDM.US.md)

## Comments (3)

- **Fattycat · 2026-08-20T03:15:38.000Z**: I stopped a week ago. I may go in again later when market take profit. Let the market cool down first . Not chasing .
- **Moose_ · 2026-08-20T03:13:07.000Z · 👍 1**: your mid july start basically landed on the 3,986 low. still buying weekly at 89, or pause if it retests 4k?
  - **Fattycat** (2026-08-29T06:24:37.000Z): The gold trend has changed after Kevin Warsh hawkish speech at Jackson hole symposium. Can wait to buy at 4K again 🤭.


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**