GLD vs. Spot gold

Discussion in 'ETFs' started by mickmak, Nov 9, 2010.

  1. mickmak


    Newbie question.

    Why is GLD down today when the spot gold shot up?
  2. I show spot gold down $16.35. My guess is you are looking at the settlement for gold futures... it settled up $6, but it settles at 130pm EST. Since the settlement it has collapsed.