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What ARE the the Spyder Gold Shares (NYSE: GLD e) as in the Module? Are they: o Primative or Derivative? o Primary or Secondary? ▼ Para
an txcnange iravea uoia-securtyan Excnange iraged uora- security an HOME USA FI MEXICO -SINGAPORE [. JAPAN Bringing the gold market to investors 3 As an asset class, gold is unique. The economic forces that determine the price of gold are different from the economic forces that determine the price of many other asset classes such as equities, bonds or real estate. Gold offers investors an attractive opportunity to diversify their portolios. 1,2 SPORS Gold Shares (NYSEArca: GLD) offer investors an innovative, relatively cost efficient and November of 2004, and traded on NYSE Arca since December 13, 2007, SPDRe Gold Shares is also trade on the Singapore Stock Exchange. Tokyo Stock Exchange, The Stock Exchange of 1,200 Oct secure way to access the gold market. Originally listed on the New York Stock Exchange in ne largest physlcalybacked gold exchange traded fund (ETF) in the word. SPDR8 Gold Shares Gold Mid prices Hong Kong and the Mexican Stock Exchange (BMV) For more information, please click on the us$1,2 appropriate country fiag above. For the GLD prospectus, click here. SPDRO Gold MiniShares (NYSE Arca: GLDM) offers investors one of the lowest available expense ratios for a U.S. listed physically gold-backed ETF GLDM also has a relatively low share price/NAV and may be beneficial to investors who desire longer-term exposure to gold. Similar to its SPDR8 gold suite counterparts, GLDM offers a convenient way for investors to access the gold market. Listed on the NYSE Arca on June 26, 2018. For more infomation, please click orn the USA flag above. For the GLDM prospectus, click here. SPOR Long Dollar Gold Trust (NYSEArca GLDW), a physically backed gold ETF that seeks to track the Solactive GLD8 Long USD Goid Index, which represents both a long exposure to gold as well as a long exposure to the US dollar against a basket of non-US currencies-the eureo EUR), Japanese yen (JPY), British pound (G8P), Canadian dolar (CAD), Swedish krona (SEK), and the Swiss franc (CHF) it offers investors an innovative way to access the goid market by removing the potental nfuence of a strong us Golar (usD) on the price of goid. Listed on the NYSE Arca on January 30, 2017. For more information, please click on the USA fiag above. For the GLDW prospectus, click
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Answer #1

The Spyder gold shares are

DERIVATIVE because their value is derived from the value of gold.

SECONDARY because investors trade already listed securities by buying and selling them in stock exchanges.

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