GLD slips as bullion ends 2025 lower; what gold stocks are watching next
NEW YORK, January 1, 2026, 12:36 ET — Market closed
Gold prices ended 2025 lower and the biggest U.S. gold ETF slipped in the final session of the year, with U.S. markets shut on Thursday for the New Year holiday. Spot gold, the cash price for immediate delivery, fell about 0.8% to $4,312.39 an ounce on Wednesday and SPDR Gold Shares (GLD), an exchange-traded fund backed by bullion (physical gold), was last down about 0.6% at $396.31. Reuters+1
The year-end pullback matters because bullion’s rally has drawn investors looking for a safe haven — an asset they buy when they worry about stocks, growth or geopolitics. When positioning gets crowded, the unwind can be quick, and moves in gold tend to ripple into…
