Gold ETFs Face Challenges

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The SPDR Gold Shares (NYSEArca: GLD), iShares Gold Trust (NYSEArca: IAU) and other gold exchange traded products are coming off dismal second-quarter performances, but some data points suggest the yellow metal could be primed for better things in the third quarter. Conversely, the look for gold among professional traders lacks appeal. “Hedge funds and large-scale speculators active [...]

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