SPDR Gold Trust x Precious Metals Correlations
Historical price and correlation data
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Commodity Pearson CorrelationsAll Correlation Visualizations
About Heat Map Colors
The X-axis displays trading days by date, and the Y-axis contains different n-day average correlation look back periods. For example, The 180-day average of Pearson correlation value calculated on a specific date appears on the heat map at the intersection of Y-coordinate "180" and X-coordinate of the specific date.
The investment objective for GLD is for shares of the trust to mirror the performance of the price of gold bullion. minus the expenses of the Trust’s operations. The Trust mainly hold gold bars, but from time to time, issues Baskets in exchange for deposits of gold. distributing gold in connection with redemptions of Baskets.