October was Unkind to Gold ETFs
November 03, 2014 at 13:35 PM EST
Exchange traded funds backed by physical holdings of gold endured a brutal October as investors continued departing the funds for greener pastures. The SPDR Gold Shares (NYSEArca: GLD), the world’s largest gold ETF, shed over $1.1 billion in assets last month, a total surpassed by just five other...