SPDR Gold Trust (ETF)(GLD) Holdings Surge Most In 9 Months

Tyler Durden:  Amid the best 4-day gains in gold prices since January, Gold ETFs have seen a surge in holdings in the last 2 days. 

The 412,000 try ounce increase in physical holdings at SPDR Gold Trust (ETF) (NYSEARCA:GLD) is the largest in 9 months and lifts the total to 3 month highs at 22.5 million troy ounces (or 700 metric tons).

The last time we saw holdings surge like this, gold prices rose over 12%.

Charts: Bloomberg

This article is brought to you courtesy of Tyler Durden From Zero Hedge.

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