Gold ETFs Won’t Find Support From Faltering Demand
August 15, 2014 at 09:00 AM EDT
Gold exchange traded funds may begin to dull as China cuts demand for gold jewelry and India consumption is expected to hit a five-year low on import restrictions. Year-to-date, the SPDR Gold Shares (NYSEArca: GLD), iShares Gold Trust (NYSEArca: IAU) and ETFS Physical Swiss Gold Shares (NYSEArca:...