GLDM offers the same gold bullion as GLD at a lower cost

SPDR Gold Trust (GLD) investors are paying significantly higher fees for the same physical gold held by the cheaper GLDM fund. GLD charges a 0.40% annual fee, while GLDM, holding identical bullion in the same vault, costs only 0.10%, leading to substantial savings over time. Other gold ETFs like IAU and SGOL offer different fee structures and jurisdictional diversification, with SGOL storing gold in Switzerland.