Gold ETF Inflows Surge: What Investors Need to Know

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In a recent report, the SPDR Gold Shares (GLD) experienced a significant inflow of approximately $342.1 million, marking a 0.5% increase in outstanding units from 293.9 million to 295.4 million week over week.

Currently, GLD is trading at $227.09, which is within its 52-week range of $168.30 to $229.65. The tracking of these inflows is essential as the creation of new units typically requires purchasing the underlying assets, impacting the components held within the ETF.

SPDR Gold Shares 200 Day Moving Average Chart

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