Gold ETF Sees Over $5 Billion Outflow as Prices Slump
Posted on March 06, 2013 at 14:25 PM EST
Investors nervous about falling gold prices have yanked more than $5 billion from the largest ETF tracking the precious metal so far this year. SPDR Gold Shares (NYSEArca: GLD) is down about 6% the past month as futures have dropped below $1,600 an ounce. The gold ETF has experienced net outflows...