Gold ETFs Break Long-Term Trend Line
May 11, 2012 at 10:36 AM EDT
Gold ETFs are threatening to slip into negative territory for 2012 as the precious metal’s price falls below a key long-term trend line. SPDR Gold Shares (NYSEArca: GLD) was down 0.3% Friday morning with gold futures trading below $1,600 an ounce. Other ETFs that hold gold bullion include iShares...