Gold ETFs Weaken on Concerns Russia Could Dump Reserves
December 18, 2014 at 07:30 AM EST
After Moscow’s surprise rate hike failed to lift its ailing ruble currency, traders are betting that Russia could dump gold next, pressuring gold bullion and related exchange traded funds. The SPDR Gold Shares (NYSEArca: GLD), iShares Gold Trust (NYSEArca: IAU) and ETFS Physical Swiss Gold...