InvestorPlace - Stock Market News, Stock Advice & Trading Tips The SPDR Gold Trust (NYSEARCA:GLD) is on a hot streak so far this year. The price of gold recently hit a seven-year high of $1,747 an ounce and is setting up for what I believe will be a rapid double over the next couple of years. And the aggressive monetary stimulus being used to fight the coronavirus recession should provide a sustained flight-to-safety trade along with a demand for inflation hedges.