Gold ETFs may be a crowded trade after the sector saw big inflows in November. [Gold ETFs Rake in Assets; Bullion Holdings Near Record]
The gold ETF was down nearly 2% on Thursday while iShares Silver Trust (NYSEArca: SLV) declined 2.6%.
SPDR Gold Shares
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Max Chen contributed to this article.
Full disclosure: Tom Lydon’s clients own GLD and SLV.