Last week GLD, the biggest GLD ETF was redeemed at over $1000/second.
24/7.
Will this affect the gold price? More than likely, GLD inventory and price are closely aligned. We are on the cusp of a big fall, similar to 2013.
The usual conspiracy theories here, the gold in the vault is a lot less according to one poster, if he spends a few minutes on the SPDR GLD website he'll find the gold bars and their numbers.
