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SPDR Gold Trust (NYSE:GLD) was upgraded by research analysts at Stifel Nicolaus from a “hold” rating to a “buy” rating in a report released on Friday.

Shares of SPDR Gold Trust (NYSE:GLD) opened at 124.38 on Friday. SPDR Gold Trust has a one year low of $114.46 and a one year high of $137.55. The stock’s 50-day moving average is $125.9 and its 200-day moving average is $125.0. SPDR Gold Trust also saw some unusual options trading activity on Wednesday. Traders acquired 93,059 call options on the stock. This represents an increase of approximately 134% compared to the typical volume of 39,815 call options.

SPDR Gold Trust (NYSE:GLD) is an investment trust.

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