Investors Sell Gold, Silver ETFs to Cover Loses Elsewhere
September 13, 2011 at 07:40 AM EDT
Precious metals exchange traded funds dropped Monday as investors dumped gold to cover losses in the equities market, analysts said. SPDR Gold Shares (NYSEArca: GLD) was down 2.2% in late trading Monday, and iShares Silver Trust (NYSEArca: SLV) was down 3.3%. Gold futures for December delivery...