| We have seen heavy activity in terms of fund flows that has persisted in Gold related ETFs, particularly GLD (SPDR Gold, Expense Ratio 0.40%) which remains the largest fund in the category in terms of assets under management $38.2 billion.
Gold prices have unquestionably bounced sharply off of their late June intraday lows, (reference price intraday low of $114.68 in GLD compared to current levels $121.13) but the steady asset outflows in GLD have continued. The fund has shed another $1 billion in terms of redemption flows in recent trading sessions, bringing the year to date total to a massive $19.36 billion in terms of net outflows...............................................Full Article: Source
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