Related Link: S&P-500, Homebuilders And Gold ETFs To Watch This Week GLD is now in danger of once again sliding to 2014 lows after making a rally attempt earlier in the month. The SPDR Gold Trust ( ETF ) (NYSE: GLD ) tracks the daily percentage change in the spot price of gold bullion and was down 1.45 percent on Wednesday. Stable Longer-Term Inflation Expected Gold often moves in an inverse pattern to the U.S. dollar because of the association with monetary values and hard asset prices.