Has GLD finally met its match?

According to recent financial coverage, Streamex Corp. (NASDAQ: STEX) has partnered with Monetary Metals to bring a yield on gold, paid in gold, to institutional markets.

For nearly a decade, Monetary Metals has offered returns in ounces through its Gold Yield Marketplace, financing real-world businesses in refining, mining, jewellry, and manufacturing.

Clients of Monetary Metals can lease their gold, earn a yield, and maintain full ownership of their metal. They are currently offering up to 4% on gold, paid in gold.

This business model directly addresses the most vocal critics of gold, often citing it as a negative yielding asset. But with Monetary Metals, gold offers a positive yield.