Stronger Dollar Leads to Asset Decline In Gold ETF

Analysts predict that gold will make another run at $1,000 an ounce in August and September.

Other gold-related ETFs are:

• iShares COMEX Gold Trust (IAU): Also holds physical gold. Up 6.9% year-to-date.
• PowerShares DB Gold (DGL): Holds gold futures. Up 5.3% year-to-date.

For full disclosure, some of Tom Lydon’s clients own shares of GLD.