| Rising interest rates are believed to be a death knell for gold, but the SPDR Gold Shares is up 2.7% over the past 90 days, a period in which 10-year Treasury yields have surged 17.5%.
Although GLD and its gold ETF brethren have defied interest rate logic, investors are not waiting around to see how long that trend will last. GLD has lost more than $26 million in assets under management this year, but second-quarter departures from the fund total $1.2 billion, enough to knock GLD from the ranks of the 10 largest ETFs...............................................Full Article: Source
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