With the spot price of Gold on the move in recent sessions, we will likely continue to see accelerated volumes in not only GLD and IAU, but other products in the space as well including ETFS Swiss Gold (NYSEArca: SGOL) and DGL
PowerShares DB Gold), as well as leveraged/inverse ETPs that track Gold such as UGL (ProShares Ultra Gold), GLL (ProShares UltraShort Gold), DGZ (PowerShares DB Gold Short ETN), UGLD (VelocityShares 3X Long Gold ETN), and DGLD (VelocityShares 3X Inverse Gold ETN).
Year to date, long Gold ETFs GLD and IAU are still managing to show some green, up 4.62% and 4.86% respectively, and the trailing 5 year numbers are compelling (+103.03% and +102.51% respectively), so there are obviously a bevy of longer term holders that are likely sitting on lofty longer term investment gains at this point.
SPDR Gold Shares
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