Gold-Mining Investors Hit by the Jitters as Share Rally Sputters
- RidgeWorth Investments cut holdings in gold-mining ETF by 25%
- Rally in gold miners looks “a bit extended,” Gayle says
Fed Making Gold Investors Nervous: Dynamic Funds' Cohen
This article is for subscribers only.
Investors in gold miners are getting cold feet.
After more than doubling in the first half, a gauge of 14 senior global gold producers had the worst quarter in a year. Investors are pouring the least money into SPDR Gold Shares this quarter since late 2015, when the largest exchange-traded fund backed by the metal saw three straight quarterly outflows.