SPDR Gold Shares (GLD) saw approximately $3.5 billion of outflows this week, a 2.0% decline in shares outstanding week-over-week. The move represents a modest but notable reallocation away from gold ETFs and could exert slight downside pressure on GLD (and marginally on spot gold) if the outflow trend persists.
SPDR Gold Shares (GLD) saw approximately $3.5 billion of outflows this week, a 2.0% decline in shares outstanding week-over-week. The move represents a modest but notable reallocation away from gold ETFs and could exert slight downside pressure on GLD (and marginally on spot gold) if the outflow trend persists.
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