AMENDMENT NO. 1 to WGC/WGTS LICENSE AGREEMENT

Exhibit 10.8.1

AMENDMENT NO. 1
to
WGC/WGTS LICENSE AGREEMENT

          This Amendment (this “ Amendment” ) dated May 20, 2008 to the WGC/WGTS License Agreement (the “ License Agreement” ), entered into as of November 16, 2004, by and among World Gold Council and World Gold Trust Services, LLC (together the “ Licensor ”), and State Street Global Markets, LLC (the “ Licensee ”).

WITNESSES, that

          WHEREAS effective concurrently herewith the name of the streetTRACKS ^® Gold Trust is changed to “SPDR ^® Gold Trust” (the “ Trust ”) and the name of the streetTRACKS ^® Gold Shares is changed to “SPDR ^® Gold Shares” (the “ Shares ”); and

          WHEREAS, Section 10(h) of the License Agreement provides that any amendment thereto shall be in writing and signed by an authorized representative of the Licensor and Licensee; and

          WHEREA