Investors Yank Over $3 Billion from Largest Gold ETF
Posted on February 22, 2013 at 08:51 AM EST
Investors have pulled over $3 billion from the largest gold ETF so far this year and outflows are accelerating on the precious metal’s decline below $1,600 an ounce and the Federal Reserve’s outlook on quantitative easing. Since the end of 2012, SPDR Gold Shares (NYSEArca: GLD) has experienced net...