Gold-backed ETFs are again in focus as gold (or Au) continued its climb with a bullish trajectory towards a record high, with investors increasingly turning to such funds as a hedge against stock market volatility driven by technology stock valuations and US interest rate cuts, according to a Bloomberg report. • SPDR Gold Shares stock is showing upward bias. Where is GLD stock headed?Spot gold strengthened as much as 1.2% on Monday, approaching a level seen in October, in a continuation of a streak of gain ...