Net cash inflow into the SPDR Gold Shares Exchange Traded Fund (Ticker: GLD), hit $1.15 billion during November according to data compiled by National Stock Exchange. This was 4.2x the $272 million inflow during October, but still below September's mammoth $2 billion inflow.
Altogether, a net $13.6 billion has flowed into GLD this year so far. GLD had the second largest inflows of any ETF during November. Clearly sentiment was roaring for gold last month.
Join the conversation about this story »
See Also:
- US Mint Suspends One Ounce Gold Coin Sales Due To Shortage!
- Barrick Gold: Here's Why We Eliminated Our Gold Hedges, Just As The Marked Started To Peak (ABX)
- Gold Tanks Again, While The Nikkei Charges Higher