SPDR Gold ETF Posts First Weekly Inflow In 9 Months

SPDR Gold Trust (ETF) (NYSEARCA:GLD) has finally broken a streak of continued redemptions, and gold ETF’s real holdings were up. In the past week bullion holdings of SPDR Trust rose to 915.32 tons, from 909.33 metric tons. Yes, it is a small difference, a 0.4% rise, but significant since the ETF has taken straight down net outflows from November 2012 until last week. So this is the first weekly net inflow since November, according to Kitco and Reuters.  Net outflows year to date from the gold ETF have been up to $19 billion.