In my last article on GLD I noted that in May this biggest world's trading gold vault was reporting only inflows of gold. This week ended with another large gold inflow into GLD:
GLD is about the physical gold. In the short-term the gold price is fixed mainly by gold futures players so the price of gold may go down for longer periods despite physical demand.
If there is a net increase in the inflow to GLD last week, why did the price go down?
ReplyDeleteGLD is about the physical gold.
ReplyDeleteIn the short-term the gold price is fixed mainly by gold futures players so the price of gold may go down for longer periods despite physical demand.