Largest Gold ETF Sees Quarterly Outflow on Stronger Dollar
July 02, 2012 at 08:13 AM EDT
Investors pulled money from the largest gold ETF in the second quarter as the precious metal fund ended the period with a loss on a resurgent U.S. dollar. Bullion holdings in SPDR Gold Shares (NYSEArca: GLD) were on track for a decline of 5 metric tons for the three months ended June 30, according...