Gold ETFs Are On a Losing Streak
August 31, 2022 at 17:27 PM EDT
Gold and related exchange traded funds slid for the fifth consecutive month, marking their worst losing streak in four years after the Federal Reserve signaled it will do whatever it takes to contain record-high inflationary pressures. The SPDR Gold Shares (GLD) dropped 2.2% over the past month and declined 6.1% year-to-date. Meanwhile, Comex gold futures [...] The post Gold ETFs Are On a Losing Streak appeared first on ETF Trends .
