Global Gold ETF Holdings Experience 2% Growth YTD
This article was originally published on ETFTrends.com.
Gold exchange traded funds such as the SPDR Gold Shares (NYSEArca: GLD) have recently traded lower, but despite outflows, global gold-backed ETF holdings are still up 2% on the year. It appears strategic investors are using low cost ETFs such as the SPDR Gold MiniShares Trust (NYSEArca: GLDM) based on $261.31 million YTD inflows and using GLD as a [...]