The gold ETF fell about 4% on Tuesday. [Gold, Silver ETFs Tumble in Stock Rally]
ProShares Ultrashort Gold ETF (NYSEArca: GLL), a leveraged product that profits when gold prices decline, rose about 7% on Wednesday. [ETFs that Bet Against Gold See Trading Volume Rise]
SPDR Gold Shares
Full disclosure: Tom Lydon’s clients own GLD.