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09:36PM (15 mins delay)
Nov 06, 2009 - 3:57 PM EST
Tim Iacono submits: One of the surprising developments related to the recent move up in the gold price (that is, aside from India beating China to half the IMF's stash) is that there has been nary an addition to the SPDR Gold Shares ETF (GLD), the world's most popular gold ETF.
After a huge run-up early in the year, a move that was widely believed to have supported the price increase at the time, inventory is now actually below the level seen in April when the yellow metal sold for some $200 or more less.
Source: Seeking Alpha (Nov 06, 2009 - 3:57 PM EST)
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