What was Spain's primary motive for colonizing the new world?

The Spanish had three primary motives in colonizing the New World: the three 'G's—gold, glory, and gospel. Gold- to add to one's wealth by extracting wealth from the new world, Gospel- and to convert souls to Christianity, and Glory of conquering new lands for Spain. Of these three motives, the one given the most weight was definitely GOLD: Spain wanted to add lands to its empire and extract gold and other precious metals from the new world. A secondary reason for colonizing was the religious conversion of native peoples.

According to Henryan