The SPDR Gold Shares (NYSEArca: GLD), iShares Gold Trust (NYSEArca: IAU) and ETFS Physical Swiss Gold Shares (NYSEArca: SGOL) have each gained more than 2% over the past month.
“If gold conclusively breaks $1150 and holds above,” adds David Govett at London brokers Marex Spectron, “then we may see…$1175, but I don’t see the price moving much higher than that,” according to Bullion Vault.
SPDR Gold Shares
Tom Lydon’s clients own shares of GLD.