“The debt crisis of Eurozone peripherals remains the dominant issue supporting gold,” analysts with Commerzbank said in a note, The Wall Street Journal reports. “Gold should remain in demand as a safe-haven.”
Other ETFs tracking gold prices include ETFS Physical Swiss Gold Shares (NYSEArca: SGOL) and iShares Gold Trust (NYSEArca: IAU).
SPDR Gold Shares
Tisha Guerrero contributed to this article.
Full disclosure: Tom Lydon’s clients own GLD.