With QE3,the demand for Gold and Gold ETFs increased

Gold is considered a currency that cannot be manipulated by interest rate policies of any one government. It has traditionally been an asset class used as a hedge against inflation. And therefore is considered to be a safe haven during times of uncertainty, such as the present. This simple logic is leading many investors to invest in gold mutual fund and ETFs

With inflation pretty much on the cards - following the recently announced QE3 plan - and the uncertain global economic environment - with Asia slowing and developed regions being submerged in debt and facing fiscal issues - investors are turning to gold again.