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Should You Play Gold's Third Weekly Gain With ETFs?

By Zacks Investment Research April 13, 2026 Bullish
Should You Play Gold's Third Weekly Gain With ETFs?
Gold logged a third consecutive weekly advance, thanks to hopes of a ceasefire to the Iran conflict and continued central bank buying. Gold bullion-based exchange-traded fund SPDR Gold Trust GLD added about 1.9% last week, although the fund is off about 6.4% over the past one-month frame (as of April 10, 2026), as some investors sold gold to cover losses in other assets during the peak of the Iran war.
Tickers: GLDIAU
Gold logged a third consecutive weekly advance, thanks to hopes of a ceasefire to the Iran conflict and continued central bank buying. Gold bullion-based exchange-traded fund SPDR Gold Trust GLD added about 1.9% last week, although the fund is off about 6.4% over the past one-month frame (as of April 10, 2026), as some investors sold gold to cover losses in other assets during the peak of the Iran war.