<SEC-DOCUMENT>0000950123-11-078243.txt : 20110817
<SEC-HEADER>0000950123-11-078243.hdr.sgml : 20110817
<ACCEPTANCE-DATETIME>20110817164842
ACCESSION NUMBER:		0000950123-11-078243
CONFORMED SUBMISSION TYPE:	FWP
PUBLIC DOCUMENT COUNT:		5
FILED AS OF DATE:		20110817
DATE AS OF CHANGE:		20110817

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SPDR GOLD TRUST
		CENTRAL INDEX KEY:			0001222333
		STANDARD INDUSTRIAL CLASSIFICATION:	 [6221]
		IRS NUMBER:				522369757
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		FWP
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-167132
		FILM NUMBER:		111042945

	BUSINESS ADDRESS:	
		STREET 1:		C/O WORLD GOLD TRUST SERVICES LLC
		STREET 2:		424 MADISON AVE 3RD FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2123173800

	MAIL ADDRESS:	
		STREET 1:		424 MADISON AVE 3RD FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	streetTRACKS GOLD TRUST
		DATE OF NAME CHANGE:	20041008

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EQUITY GOLD TRUST
		DATE OF NAME CHANGE:	20030310

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SPDR GOLD TRUST
		CENTRAL INDEX KEY:			0001222333
		STANDARD INDUSTRIAL CLASSIFICATION:	 [6221]
		IRS NUMBER:				522369757
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		FWP

	BUSINESS ADDRESS:	
		STREET 1:		C/O WORLD GOLD TRUST SERVICES LLC
		STREET 2:		424 MADISON AVE 3RD FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017
		BUSINESS PHONE:		2123173800

	MAIL ADDRESS:	
		STREET 1:		424 MADISON AVE 3RD FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10017

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	streetTRACKS GOLD TRUST
		DATE OF NAME CHANGE:	20041008

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EQUITY GOLD TRUST
		DATE OF NAME CHANGE:	20030310
</SEC-HEADER>
<DOCUMENT>
<TYPE>FWP
<SEQUENCE>1
<FILENAME>y05082afwp.htm
<DESCRIPTION>FWP: SOLID AS GOLD: A STANDARD FOR THE AGES
<TEXT>
<HTML>
<HEAD>
<TITLE>fwp</TITLE>
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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Filed Pursuant To Rule&nbsp;433<BR>
Registration No.&nbsp;333-167132<BR>
August&nbsp;17, 2011</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><IMG src="y05082ay0508200.gif" alt="(LOGO)">
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>Solid as Gold: </B>A Standard for the Ages
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><I>&#147;The desire of gold is not for gold. It is for the means of freedom and benefit.&#148; &#151; Ralph
Waldo Emerson</I>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>CHALLENGE</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Among all precious metals, gold&#146;s appeal is legendary. Since the beginning of time, gold has
propelled the growth of empires, the birth of nations and the evolution of the world&#146;s financial
institutions.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><I>To what can we attribute the enduring influence and intrigue of gold?</I>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>SOLUTION</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Virtually indestructible, highly malleable, ductile and impervious to tarnishing, gold is among
the most beautiful and useful elements in the world. Gold can be hammered into sheets so thin that
light can pass through, and a single ounce can be drawn into a wire fifty miles long. Gold
artifacts and coins buried thousands of years ago, when unearthed, look as lustrous as the day they
were created.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Gold&#146;s chemical and physical properties have long made it coveted by artisans and industry alike.
But above its utility to craftsmen and industrialists, gold has been most revered as a form of
currency.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>BENEFITS</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">People typically have not sought or owned gold for gold&#146;s sake, but for what it represents. An
indestructible asset with a long and deep history, gold is perhaps the most long-standing store of
financial value in the world&#146;s history. Humans have been utilizing gold as both a form of currency
and an investment for thousands of years. And throughout history, during periods of economic
uncertainty when the values of many other assets have fallen, gold has commonly maintained its
purchasing power.<SUP style="font-size: 85%; vertical-align: text-top">1</SUP> Consequently, over a long period of time, gold may be an effective
tool for preserving wealth.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>GOLD THROUGH THE CENTURIES</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="10%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="85%">&nbsp;</TD>
</TR>
<TR></TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">3000 BC
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">The Sumer civilization of southern Iraq uses gold to create a wide
range of jewelry, often using sophisticated and varied styles still
worn today.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">1500 BC
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">The immense gold-bearing regions of Nubia make Egypt a
wealthy nation, as gold becomes the recognized standard
medium of exchange for international trade.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">1091 BC
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Little squares of gold are legalized in China as a form of money.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">560 BC
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">The first coins made purely from gold are minted in Lydia, a
kingdom of Asia Minor.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">344 BC
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Alexander the Great crosses the Hellespont with 40,000 men,
beginning one of the most extraordinary campaigns in military
history and seizing vast quantities of gold from the Persian
Empire.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">58 BC
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">After a victorious campaign in Gaul, Julius Caesar brings back
enough gold to give 200 coins to each of his soldiers and repay
all of Rome&#146;s debts.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">742 &#151;<br>
814 AD
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Charlemagne overruns the Avars and plunders their vast quantities
of gold, making it possible for him to take control over much of
Western Europe.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">1284 AD
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Venice introduces the gold Ducat, which soon becomes the
most popular coin in the world and remains so for more than
five centuries.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">1511 AD
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">King Ferdinand of Spain says to explorers, &#147;Get gold, humanely if
you can, but all hazards, get gold,&#148; launching massive expeditions
to the newly discovered lands of the Western Hemisphere.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">1717 AD
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Isaac Newton, Master of the London Mint, sets the price of gold
that lasts for 200&nbsp;years.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">1848 AD
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">The California gold rush begins when James Marshall finds
specks of gold in the water at John Sutter&#146;s sawmill near the
junction of the American and Sacramento Rivers.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">1886 AD
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">George Harrison, while digging stones to build a house, discovers
gold in South Africa.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">1900 AD
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">The US adopts the gold standard for its currency.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">1933 AD
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">President Franklin D. Roosevelt bans the export of gold, halts the
convertibility of dollar bills into gold, orders US citizens to hand in
all the gold they possess and establishes a daily price for gold.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">1944 AD
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">The Bretton Woods agreement sets an international gold exchange
standard and creates two new international organizations, the
International Monetary Fund (IMF)&nbsp;and the World Bank. The new
standard sets par values for currencies in terms of gold and
obligates member countries to convert foreign official holdings
of their currencies into gold at these par values.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">1971 AD
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">On August&nbsp;15, U.S. terminates all gold sales or purchases,
thereby ending conversion of foreign officially held dollars into
gold; in December, under the Smithsonian Agreement signed
in Washington, U.S. devalues the dollar by raising the official
dollar price of gold to $38 per fine troy ounce. Two years later,
the US Dollar is removed from gold standard, and gold prices are
allowed to float free.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">1974 AD
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">On December&nbsp;31, US government ends its ban on individual
ownership of gold.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">1980 AD
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Gold reaches intra-day historic high price (inflation adjusted) of
$870 on January&nbsp;21 in New York.</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">1997 AD
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Congress passes Taxpayer Relief Act, allowing purchases of gold
bullion coins and bars by US Individual Retirement Accounts,
as long as they are of a fineness equal to, or exceeding, 99.5%
gold.<SUP style="FONT-size: 85%; vertical-align: text-top">2</SUP></TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">1999 AD
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">15 large central banks sign the Central Bank Gold Agreement
(CBGA), limiting their combined gold sales to 400 tonnes per
year. The agreement is renewed in 2004 and again in 2009.</TD>
</TR>
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</TABLE>
</DIV>



<DIV align="left">
<DIV style="font-size: 3pt; margin-top: 16pt; width: 18%; border-top: 1px solid #000000">&nbsp;</DIV>
</DIV>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">
<TR>
    <TD width="3%"></TD>
    <TD width="1%"></TD>
    <TD width="96%"></TD>
</TR>

<TR valign="top">
    <TD nowrap align="left"><SUP style="FONT-size: 85%; vertical-align: text-top">1</sup></TD>
    <TD>&nbsp;</TD>
    <TD>Source: World Gold Council. <u>An Investor&#146;s Guide to the Gold Markets.</u> (US Edition), April&nbsp;2010.</TD>
</TR>

<TR style="font-size: 3pt"><TD>&nbsp;</TD></TR>

<TR valign="top">
    <TD nowrap align="left"><SUP style="FONT-size: 85%; vertical-align: text-top">2</sup></TD>
    <TD>&nbsp;</TD>
    <TD>Please consult your tax advisor</TD>
</TR>

</TABLE>



<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><IMG src="y05082ay0508202.gif" alt="(LOGO)">
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><IMG src="y05082ay0508201.gif" alt="(LOGO)">
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>STATE STREET GLOBAL MARKETS, LLC</B><BR>
State Street Financial Center<BR>
One Lincoln Street<BR>
Boston, MA 02111

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">866.320.4053<BR>
www.spdrgoldshares.com

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>FOR PUBLIC USE.</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">IMPORTANT RISK INFORMATION
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">ETFs trade like stocks, fluctuate in market value and may trade at prices above or below the
ETFs net asset value. Brokerage commissions and ETF expenses will reduce returns.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">As with all
investments, investing in gold entails risk. There can be no assurance that gold will maintain its
long-term value in terms of purchasing power in the future or that gold will continue to exhibit
low to negative correlation with other asset classes. You could lose money my investing in gold.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Important Information Relating to SPDR Gold Shares Trust:</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The SPDR Gold Shares Trust (&#147;GLD&#148;) has filed a registration statement (including a prospectus) with
the Securities and Exchange Commission (&#147;SEC&#148;) for the offering to which this communication
relates. Before you invest, you should read the prospectus in that registration statement and
other documents GLD has filed with the SEC for more complete information about GLD and this
offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov
or by visiting www.spdrgoldshares.com. Alternatively, the Trust or any authorized participant will
arrange to send you the prospectus if you request it by calling 1.866.320.4053.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">GLD shares trade like stocks, are subject to investment risk and will fluctuate in market value.
The value of GLD shares relates directly to the value of the gold held by GLD (less its expenses),
and fluctuations in the price of gold could materially and adversely affect an investment in the
shares. The price received upon the sale of the shares, which trade at market price, may be more
or less than the value of the gold represented by them. There can be no assurance that the active
trading market for GLD shares will be maintained. GLD does not generate any income, and as GLD
regularly sells gold to pay for its ongoing expenses, the amount of gold represented by each Share
will decline over time. Investing involves risk, and you could lose money on an investment in GLD.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&#147;SPDR&#148; is a registered trademark of Standard &#038; Poor&#146;s Financial Services LLC (&#147;S&#038;P&#148;) and has been
licensed for use by State Street Corporation. No financial product offered by State Street
Corporation or its affiliates is sponsored, endorsed, sold or promoted by S&#038;P or its affiliates,
and S&#038;P and its affiliates make no representation, warranty or condition regarding the advisability
of buying, selling or holding units/shares in such products. Further limitations that could affect
investors&#146; rights may be found in GLD&#146;s prospectus.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">For more information: State Street Global Markets, LLC, One Lincoln Street, Boston, MA, 02111 <B>&#149;</B> 8666.320.4053 <B>&#149;</B> www.spdgoldshares.com.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Not FDIC Insured &#151; No Bank Guarantee &#151; May Lose Value
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><SUP style="FONT-size: 85%; vertical-align: text-top">&#169;</SUP> 2011 State Street Corporation. All Rights Reserved.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IBG-4500&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exp. Date: 8/31/2012&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IBG.GLD.HIS.0811
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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    <TD>&nbsp;</TD>
    <TD align="right" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="left" valign="top"><I>Precise in a world that isn&#146;t.</I><SUP style="FONT-size: 85%; vertical-align: text-top"><I>sm</I></sup>
</TD>
    <TD>&nbsp;</TD>
    <TD align="right" valign="top"><IMG src="y05082ay0508203.gif" alt="(LOGO)"></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">SPDR<SUP style="FONT-size: 85%; vertical-align: text-top">&#174;</SUP> GOLD TRUST has filed a registration statement (including a prospectus) with the
SEC for the offering to which this communication relates. Before you invest, you should read the
prospectus in that registration statement and other documents the issuer has filed with the SEC for
more complete information about the Trust and this offering. You may get these documents for free
by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the Trust or any Authorized
Participant will arrange to send you the prospectus if you request it by calling toll free at
1-866-320-4053 or contacting State Street Global Markets, LLC, One Lincoln Street, Attn:
SPDR<SUP style="FONT-size: 85%; vertical-align: text-top"><SUP style="FONT-size: 85%; vertical-align: text-top">&#174;</SUP> </SUP>Gold Shares, 30th Floor, Boston, MA 02111.
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