Financial News

Outlook is far From Golden for Gold ETFs

After tumbling 9% during the third quarter, the outlook for physically-backed gold exchange traded funds such as the SPDR Gold Shares (NYSEArca: GLD) and the iShares Gold Trust (NYSEArca: IAU) is growing darker. Since mid-March, gold has slid 13%, easily beating the 10% decline need to fit the...
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