11.05.2016 - Breaking Down The Big Move In Gold ETFs
The move higher in gold ETFs this year may be one for the record books. Through the first four months of 2016, the SPDR Gold Shares ETF has gained 21.87% and shown little sign of waning strength. This counter-trend move has likely caught many investors off-guard as a half decade of weakening prices and false rallies led to significant outflows in gold-related ETFs. Nevertheless, that trend may be turning as we see momentum and speculation coalesce into a broader interest in the precious metals space. Purchasing physical gold as an investment may be a daunting task for many investors who simply wish to participate in the associated price action. To solve that problem, GLD tracks the daily price movement of gold bullion through a trust that buys and sells the physical asset on behalf of its investors...............................................Full Article: Source
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