Traders Still Bearish on Gold ETFs
This article was originally published on ETFTrends.com.
The SPDR Gold Shares (NYSEArca: GLD) and other gold exchange traded products are trying to avoid a sixth consecutive month of losses this month. Some data points suggest that could be a difficult task for bullion. Since gold slid through the $1,200 per ounce area in August, traders have not been shy about departing ETFs like [...]