GOLD 0.51% $1,391.7 gold futures

can someone explain to a newby why when Gold in US went up 0.66%...

  1. 544 Posts.
    can someone explain to a newby why when Gold in US went up 0.66% our GOLD.ETF went down by 2%?
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.