The world’s largest gold exchange-traded fund is seeing withdrawals after a ferocious run. Traders pulled cash from the US$79 billion SPDR Gold Shares for a third straight week, following eight consecutive months of inflows, according to data compiled by Bloomberg. After luring almost US$20 billion this year, GLD still ranks second among ETFs and is up about 30 per cent. The coronavirus pandemic and uncertainties about global growth have sparked demand for gold as a store of value. Unprecedented economic stimulus from governments and central banks has also raised the specter of inflatio, adding to bullion’s appeal. ... (full story)