Gold ETFs declined by more than 1% on June 24, 2011, Barron’s reports. The SPDR Gold (GLD) dropped 1.4%, while the PowerShares DB Gold ETF (DGL) fell by 1.5%.
The GLD, which directly invests in gold bullion for investors, has a three-year average return of nearly 20% more than two percentage points better than DGL, which buys futures contracts. The DGL has nearly $256 million in assets.
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