Gold ETFs Stumble After Positive Employment Data
June 05, 2020 at 16:15 PM EDT
Gold prices are sinking today, driving gold ETFs lower as investors flee safe haven assets for stocks amid positive unemployment data. In early morning trade, Comex August gold was 4% lower for the week, falling to $1,682.40 an ounce. The SPDR Gold Shares (GLD) was also off for the day, down 1.88%,...