Gold’s Tight Supply, Soaring Demand Could Keep ETFs Looking Sharp

Gold bullion holdings in the world’s largest gold exchange traded fund (ETF), SPDR Gold Shares (GLD), reported a net inflow of five tons for the second quarter, making for a total of 948 tons. The price of gold averaged $896.29 an ounce in the quarter, reports Frank Tang for Reuters, $30 below its average price in [...]