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CommoditiesMedium•25 February 2026•

1 min read

SPDR Gold Shares (GLD) Continues Record Rally, Outperforming Stocks in 2026

World map with commodities like oil, gold, coffee, wheat, and metals, overlaid with an upward green arrow and financial charts.

Key Facts

1The SPDR Gold Shares ETF (GLD) surged by 64% in 2025.

2Gold has already returned 18% in early 2026, outperforming the stock market.

The SPDR Gold Shares ETF (GLD) has demonstrated exceptional strength, maintaining its upward trajectory into early 2026. Following a remarkable 64% surge in 2025, the fund has already gained an additional 18% in the first two months of the new year. This performance significantly outpaces broader equity markets, highlighting a major shift in investor preference toward defensive assets. Market analysts attribute this record rally to persistent inflation and growing global political instability. Consequently, investors are increasingly flocking to gold as a critical safe-haven asset and a hedge against economic uncertainty. The sustained momentum suggests a clear preference for commodities over traditional stocks as market participants navigate volatile conditions.