Lackluster Shine: Gold ETF Selloff Ensues as Investors Shift to More Profitable Alternatives

In 2024, gold-based exchange-traded funds (ETFs) experienced outflows for the 4th consecutive twelvemonth arsenic investors preferred to displacement to much lucrative alternatives. According to Bloomberg, the emergence successful golden prices and the Fed’s easing measures were insufficient for traders to support their golden positions, arsenic these funds experienced a diminution of implicit 2.5% successful their […]