SPDR Gold Shares (GLD) is trading at $386.54, which is -22.1% below its all-time high of $495.90. The Drawdown Severity Score is 5.6, placing it in the red (severe) zone. Over its tracked history, GLD has experienced 119 significant drawdown events with an average maximum drawdown of -3.0%.

Data last updated: June 13, 2026 at 09:03 AM EDT

GLD

Stock

SPDR Gold Shares

Price

$386.54

as of Jun 12, 2026

All Time High: $495.90

🔴

Strong

Current Drawdown

-22.1%

Days in Drawdown

133

Avg Max Drawdown

3.0%

Avg Length

63

Drawdown Severity Score™

5.6

GLD - Price & High Water Mark

GLD - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

SPDR Gold Shares (GLD) Analysis: Current Drawdown Insights

SPDR Gold Shares is currently in a drawdown that is unusual by its own historical standards. As of 2026-06-12, the stock is trading at $386.54, which represents a 22.1% decline from its all-time high of $495.90. This drawdown has persisted for 133 days.

Based on its full tracked price history, SPDR Gold Shares typically experiences drawdowns averaging 3.0% in depth, with an average duration of 63 days. SPDR Gold Shares has gone through 119 total drawdown events in its tracked history. The largest drawdown on record for SPDR Gold Shares was 45.6%, beginning in 2011. The longest drawdown duration on record was 3264 days.

The Drawdown Severity Score™ for SPDR Gold Shares currently stands at 5.58. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 5.0 and 8.0 indicates a rare, significant drawdown: the asset seldom sees declines at this level in its tracked history.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing SPDR Gold Shares's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 119 tracked pullbacks (62 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2026-01-30Ongoing133 days-22.1%$495.90$386.54n/a
2026-01-152026-01-206 days-1.1%$425.94$421.29$437.23
2026-01-132026-01-142 days-0.1%$422.23$421.63$425.94
2025-12-292026-01-1215 days-4.9%$416.74$396.31$422.23
2025-12-242025-12-263 days-0.4%$413.64$411.93$416.74
2025-10-212025-12-2263 days-10.1%$403.15$362.32$408.23
2025-10-172025-10-204 days-1.9%$396.45$388.99$403.15
2025-10-092025-10-135 days-1.8%$372.30$365.43$378.09
2025-10-022025-10-032 days-0.3%$356.03$354.79$357.64
2025-09-242025-09-263 days-0.9%$346.46$343.32$346.74
2025-09-172025-09-226 days-1.2%$339.59$335.62$345.05
2025-09-112025-09-122 days-0.1%$335.26$334.76$335.42
2025-09-092025-09-102 days-0.2%$334.82$334.06$335.26
2025-09-042025-09-052 days-0.4%$328.14$326.69$331.05
2025-06-162025-08-2975 days-4.8%$316.29$300.96$318.07
2025-04-222025-06-1353 days-7.1%$315.59$293.16$316.29
2025-04-172025-04-215 days-0.4%$307.47$306.12$315.59
2025-04-142025-04-163 days-0.6%$297.93$296.23$307.47
2025-04-032025-04-108 days-5.0%$288.16$273.71$292.35
2025-04-012025-04-022 days-0.2%$288.14$287.57$288.16
2025-03-202025-03-278 days-1.4%$281.11$277.25$281.97
2025-02-252025-03-1316 days-3.3%$272.21$263.27$275.13
2025-02-212025-02-244 days-0.1%$270.99$270.74$272.21
2025-02-142025-02-185 days-1.5%$270.31$266.29$270.70
2025-02-112025-02-133 days-0.4%$268.37$267.39$270.31
2025-02-062025-02-105 days-0.3%$264.13$263.43$268.37
2024-10-312025-01-3092 days-8.1%$257.50$236.59$258.05
2024-10-232024-10-297 days-1.2%$253.93$250.87$256.09
2024-10-212024-10-222 days-0.0%$251.27$251.22$253.93
2024-09-272024-10-1620 days-2.4%$246.98$241.05$247.15
2024-09-252024-09-262 days-0.1%$246.07$245.73$246.98
2024-09-162024-09-194 days-1.3%$238.68$235.51$239.17
2024-08-282024-09-1216 days-1.3%$233.39$230.29$236.33
2024-08-212024-08-266 days-1.3%$232.46$229.37$232.76
2024-08-192024-08-202 days-0.2%$231.99$231.61$232.46
2024-08-132024-08-164 days-1.0%$228.41$226.20$231.99
2024-07-172024-08-1227 days-4.4%$228.29$218.33$228.41
2024-05-212024-07-1657 days-5.8%$224.56$211.60$228.29
2024-04-172024-05-1731 days-4.2%$221.22$211.87$223.66
2024-04-122024-04-154 days-1.3%$219.80$216.89$220.95
2024-04-102024-04-112 days-0.9%$217.67$215.61$219.80
2024-04-042024-04-052 days-0.6%$212.74$211.52$215.14
2024-03-212024-03-277 days-0.9%$202.18$200.35$203.10
2024-03-122024-03-209 days-1.1%$202.00$199.71$202.18
2020-08-072024-03-041306 days-22.0%$193.89$151.23$196.01
2020-07-302020-07-312 days-0.7%$185.13$183.76$185.43
2011-08-232020-07-293264 days-45.6%$184.59$100.50$185.13
2011-08-112011-08-188 days-2.6%$174.58$169.97$177.72
2011-08-032011-08-053 days-0.5%$161.52$160.64$161.75
2011-08-012011-08-022 days-0.4%$158.29$157.72$161.52
2011-07-272011-07-293 days-0.4%$157.77$157.19$158.29
2011-05-022011-07-1272 days-5.8%$152.37$143.47$152.77
2010-12-072011-03-0185 days-8.0%$139.11$127.93$140.03
2010-11-092010-12-0325 days-5.4%$137.78$130.38$138.07
2010-06-212010-09-1486 days-7.6%$122.83$113.51$124.02
2010-05-132010-06-0726 days-5.1%$121.40$115.22$121.49
2009-12-032010-05-11159 days-12.7%$119.18$104.04$120.66
2008-03-182009-09-16548 days-29.4%$99.17$70.00$99.91
2007-11-082007-12-2851 days-6.1%$82.24$77.24$83.00
2006-05-152007-09-18492 days-21.8%$71.12$55.62$71.70
2006-02-032006-03-2955 days-5.7%$56.98$53.72$57.07
2005-12-132006-01-0322 days-6.7%$52.56$49.04$53.12
2004-12-062005-09-16284 days-9.5%$45.60$41.26$45.82

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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GLD Price History and Drawdown Data

Latest price

$386.54

High-water mark

$495.90

Current drawdown

-22.1%

Days in drawdown

133

This GLD page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior SPDR Gold Shares drawdowns.

What History Says About GLD

SPDR Gold Shares has dropped 10%+ from its high 6 times in its tracked history. These events lasted an average of 972 days with an average max drop of -23.6%.

The current drawdown of -22.1% has lasted 133 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Aug 2011 to Jul 2020-45.6%3264 days
Mar 2008 to Sep 2009-29.4%548 days
Aug 2020 to Mar 2024-22.0%1306 days
May 2006 to Sep 2007-21.8%492 days
Dec 2009 to May 2010-12.7%159 days
Oct 2025 to Dec 2025-10.1%63 days

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