Gold ETFs Losing Inflation Hedge Status
December 22, 2014 at 14:15 PM EST
With energy prices depressed, gold and bullion-related exchange traded funds are seeing diminished demand as a hedge against inflation. On Monday, the SPDR Gold Shares (NYSEArca: GLD), iShares Gold Trust (NYSEArca: IAU) and ETFS Physical Swiss Gold Shares (NYSEArca: SGOL) were up about 1.3%. The...