Gold ETFs can Endure Fed Hikes
December 13, 2016 at 10:34 AM EST
The SPDR Gold Shares (NYSEArca: GLD), the world’s largest exchange traded fund backed by physical holdings of gold, is down 1.6% over the past week and 9.2% over the past month, declines that many gold bugs are blaming on the specter of the Federal Reserve raising interest rates this week. If...