GLD Gold ETF Faces Significant Selloff as Tariff Pressures Weigh on Safe-Haven Demand

Key Facts

1The $75 billion GLD ETF faced a selloff driven by the impact of tariffs.

2Gold remained resilient throughout 2025 and early 2026 before this downturn.

The SPDR Gold Shares (GLD) ETF, valued at $75 billion, experienced a notable selloff driven by the emerging impact of trade tariffs. This downturn marks a significant shift for gold, which had maintained its resilience throughout 2025 and the early months of 2026. Market analysts suggest that the weight of new tariff-related pressures has begun to outweigh gold's traditional status as a safe-haven asset. The implementation of these trade measures has triggered economic shifts, prompting investors to reduce their exposure to gold-backed assets. As the world's largest gold ETF, the movement in GLD signals a broader change in investor sentiment regarding hedging strategies in the current macro environment. Traders are now closely monitoring the XAU/USD spot prices to see if this bearish momentum will persist.