Could Gold ETF Outflows Drive ‘Vicious Circle of Selling?’
The largest gold ETF backed by physical bullion saw its largest one-day outflow in 18 months on Wednesday and fell 2.5% on speculation the Federal Reserve may ease back on economic stimulus. Bullion holdings in SPDR Gold Trust (NYSEArca: GLD) fell by 20.8 metric tons on Wednesday, the biggest...
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