Gold ETFs Down as Metal Surrenders $1,700 an Ounce

Precious metals exchange traded funds sold off Monday along with global equities as gold futures dropped below the key level of $1,700 an ounce. SPDR Gold Shares (NYSEArca: GLD) fell 2% while iShares Silver Trust (NYSEArca: SLV) dropped nearly 5%. Metals ETFs were hurt by a rising dollar while...
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