Gold ETF Bears Bet the Rout in Gold Isn’t Over (Audio)




Bloomberg Exchange-Traded Funds Report show

Summary: Nov. 5 (Bloomberg) -- Gold bears are betting the rout in the metal isn’t over, sending assets in the SPDR Gold Trust (ticker GLD) to the lowest since the month that Lehman Brothers Holdings collapsed. Bob Iaccino, chief market strategist for Tethys Partners, discusses the decline in assets in ETPs backed by bullion. Bloomberg Radio’s Catherine Cowdery reports on exchange-traded funds.