Credit Suisse predicts gold may reach $2,000 an ounce in the next 12 months, equal to $200 per share for the gold focused SPDR Gold Shares (NYSEArca: GLD), says Trang Ho for Investor’s Business Daily. [ETF Chart of the Day: Leveraged Gold Funds] and
The fund has over $64 billion in assets under management. Other gold ETFs include ETFS Physical Swiss Gold Shares (NYSEArca: SGOL) and iShares Gold Trust (NYSEArca: IAU).
ETFS Physical Swiss Gold Shares
Tisha Guerrero contributed to this article.
Full disclosure: Tom Lydon’s clients own GLD.