Traders Dump Gold ETFs as Risk Appetite Rises
May 27, 2014 at 13:35 PM EDT
With investors focused on riskier equities and the S&P 500 hitting a new intra-day record high, gold exchange traded funds are losing their safe-haven appeal. Physically backed gold ETFs, including the SPDR Gold Shares (NYSEArca: GLD), iShares Gold Trust (NYSEArca: IAU) and ETFS Physical Swiss...