Gold ETF Sees $3 Billion Outflow

Other bullion-backed ETFs include iShares Gold Trust (NYSEArca: IAU) and ETFS Physical Swiss Gold Shares (NYSEArca: SGOL).

“It looks like people started the year pulling money out of gold to go into other commodity funds, particularly the broader multi-commodity type funds, although that could change as the market evolves,” said Matthew Lemieux, a Lipper analyst, in the Reuters article.

SPDR Gold Shares

Full disclosure: Tom Lydon’s clients own GLD.