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SPDR Gold Shares Message Board

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  • tomg86402 tomg86402 Jan 25, 2008 2:31 PM Flag

    Can you tell me why the gld ETF sells...

    Thanks for your reply, the light came on. The etf buys less then a tenth of an ounce of gold for each share of gld. So the price of ten shares of the gld etf should always be less then the spot price of gold because 10 shares of gld represents less then an ounce of gold ownership.....Hope I got this right now...thanks again.

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