Meanwhile the Market Vectors Gold Miners ETF (NYSE: GDX) plunged 4.9%. GDX has been one of the worst performing ETFs so far this year, plunging 45.2% year-to-date. [Silver Miners Slammed on Fresnillo Dividend Cut]

SPDR Gold Shares

For more information on gold, visit our gold category.

Max Chen contributed to this article.

Full disclosure: Tom Lydon’s clients own GLD.