“Otherwise, in the longer run bullion is still well supported as investors are afraid to liquidate their longs amid ongoing policy uncertainty in both the U.S. and the Eurozone,” according to a VTB Capital note.
Other ETFs tracking gold include ETFs Physical Swiss Gold Shares (NYSEArca: SGOL) and iShares Gold Trust (NYSEArca: IAU).
SPDR Gold Shares
For more information on gold, visit our gold category.
Max Chen contributed to this article.
Full disclosure: Tom Lydon’s clients own GLD.