Gold ETFs Down 7% in Three Months as Banks Turn Bearish
March 11, 2013 at 15:30 PM EDT
More investment banks are turning bearish on the outlook for gold in 2013 following a nearly 10% decline the past three months. “For the first time since 2008, in our view, the investment environment for gold is deteriorating as economic recovery, rising interest rates, and still benign Western...
