ETFs in Focus as Turkey Crisis Worsens: SPDR Gold Trust ETF (GLD) Gold is often viewed as a store of value and a hedge against market turmoil. The product tracking this bullion like the SPDR Gold Trust ETF (NYSEARCA: GLD ) could be an interesting pick amid market turbulence. Turkish economy is suffering a myriad woes, including double-digit inflation, inadequate currency reserves and one of the largest current-account deficits in emerging markets.