SPDR Gold Trust (NYSE:GLD) Performing Great for Investors

The SPDR Gold Trust (NYSE:GLD) was created to move in step with the price of gold bullion, and it continues to do that, moving in step with the increasing price of gold, starting the year at about $88 a share, and now over $121 a share as I write.

Now that sPDR has broke through the $120 mark, and with the sovereign debt crisis in Europe and China inflation, gold is sure to continue up its upwards trajectory, and SPDR Gold Trust will respond accordingly.

Gold ETFs continue to be an important part of investors' portfolios, and SPDR is extremely simple, inexpensive and in the right place at the right time for those wanting to protect their assets from the enormous risks in the market.