| Last week, gold exchange traded funds such as the SPDR Gold Shares, iShares Gold Trust and the ETFS Physical Swiss Gold Shares each rose nearly 5% in a jump that some market observers attribute to short covering.
Some options traders appear comfortable betting that GLD has more near-term upside in store. Investors pulled $2.2 billion from GLD, the world’s largest bullion-backed ETF last year, after pulling $3.2 billion from the fund in 2014. To start 2016, the trend of gold ETF outflows is abating as investors have poured more than $956 million into GLD...............................................Full Article: Source
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