Gold ETFs Drop to 4-Month Low, Test Long-Term Support

Improving economic data has increased bets that the Federal Reserve could hike interest rates as soon as December pushed gold exchange traded funds down toward their long-term trend. On Thursday, the SPDR Gold Shares (NYSEArca: GLD) fell 0.9%, iShares Gold Trust (NYSEArca: IAU) dropped 1.1% and...
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