Improving Economy Pushes Investors Out of Gold ETFs
May 21, 2014 at 12:46 PM EDT
Investors believe the U.S. economy is improving and that is proving to be the culprit behind another mass exodus from gold exchange traded products. The SPDR Gold Shares (NYSEArca: GLD), the world’s largest gold ETF, saw its holdings of bullion dwindle to 780.19 metric tons Tuesday as investors...