Gold ETFs Slide Deeper: More Short-Term Pain but Long-Term Gain?
Gold’s steep decline has recently pushed the metal firmly into bear market territory due to rising Treasury yields and a strong U.S. dollar, as quoted on CNBC. Spot gold has now lost over 22% since hitting a high of $5,594.82 per ounce at the end of January, the CNBC article noted. SPDR Gold Trust…
Gold’s steep decline has recently pushed the metal firmly into bear market territory due to rising Treasury yields and a strong U.S. dollar, as quoted on CNBC. Spot gold has now lost over 22% since hitting a high of $5,594.82 per ounce at the end of January, the CNBC article noted. SPDR Gold Trust…
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