Gold ETF Rally Gains Momentum: Will It Sustain?

Gold-bullion-based exchange-traded fund (ETF) SPDR Gold Trust GLD gained 7.7% last week, due to macroeconomic uncertainty and a weaker-than-expected July jobs report that reduced expectations for a Federal Reserve rate hike this year.Note that the latest rally has also been supported by increased b…

Aug 10, 2026 - 21:00
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Gold ETF Rally Gains Momentum: Will It Sustain?
Gold-bullion-based exchange-traded fund (ETF) SPDR Gold Trust GLD gained 7.7% last week, due to macroeconomic uncertainty and a weaker-than-expected July jobs report that reduced expectations for a Federal Reserve rate hike this year.Note that the latest rally has also been supported by increased b…

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