The world's largest gold ETF GLD saw its trading volume drop by 50% on Monday compared to last Friday's record. Goldman Sachs commodity trader Adam Giard believes this partly explains why gold prices have stabilized (systematic sell-offs have decreased).
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The world's largest gold ETF GLD saw a 50% decrease in trading volume on Monday compared to last Friday's record. Goldman Sachs commodity trader Adam Giard believes this partly explains why gold prices have stabilized (reduction in systemic selling)

Wallstreetcn

Kinross Gold

Invesco Db Precious Metals ETF

GOLDMAN SACHS GROUP INC DEP SHS REPSTG 1/1000TH PRF SER C

GOLDMAN SACHS GROUP INC DEP REP 1/1000TH PRF D

SPDR Gold Shares

Us Gbl GLD & Met

iShares Gold Trust

Abrdn Gold ETF Trust

Goldman Sachs

iShares MSCI Global Gold Miners

Agnico Eagle Mines

Pro Ultr GLD

Newmont

GOLDMAN SACHS GROUP INC DEP SHR REP 1/1000TH PFD SER A

Has the large-scale gold sell-off ended?