GLD 10US$

GLD 10US$: refers to the SPDR Gold Shares, an ETF that is listed across multiple markets, including US and Singapore. The counter's price movement to closely tracks Gold spot prices. More details can found at this link: http://www.spdrgoldshares.com/media/GLD/file/2011gold_brochure_sg_e05.pdf Technically, Gold has been trending down, following newsflow that Soros and a number of funds have lightened their Gold ETF positions. More recently, the counter seems to have found support around the US$152 levels.