Goldman Targets $5,400 Gold by Year-End: Why GLDM Is the Low-Cost Play - 24/7 Wall St. Goldman Targets $5,400 Gold by Year-End: Why GLDM Is the Low- Cost Play By Omor Ibne Ehsan Published Aug 20, 12:46PM EDT Quick Read Goldman's $5,400 gold target implies 20%-plus upside, and GLDM at 0.10% annually is the cheapest widely-held vehicle to capture that move. GLD and GLDM hold the same allocated London vault gold, but GLD's 0.40% annual fee makes GLDM the stronger default for buy-and-hold investors. Gold's swin ...