SEE MORE: Gold ETFs Try to Rally Following Election Shocker

Risk-tolerant traders can profit from a possible decline in gold with inverse ETFs. For example, the ProShares UltraShort Gold (NYSEArca: GLL) provides a two times inverse or -200% daily performance of gold bullion.

Alternatively, ETN options include the DB Gold Double Short ETN (NYSEArca: DZZ), which tries to generate the twice inverse or -200% return of the daily performance of gold; DB Gold Short ETN (NYSEArca: DGZ), which tries to reflect the inverse of gold price movements; and VelocityShares 3x Inverse Gold ETN (NYSEArca: DGLD), which tries to reflect the performance of three times the inverse or -300% daily performance.

For more information on the gold market, visit our gold category.

SPDR Gold Shares

Tom Lydon’s clients own shares of GLD.

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