Gold ETFs Lose $8.9 Billion in June as Global Outflows Accelerate
Investors pulled $8.9 billion from gold exchange-traded funds (ETFs) in June, with North American merchandise accounting for $5.5 billion of the withdrawals as bullion’s worth slide deepened. The month-to-month retreat got here as gold recorded its fourth straight dropping month. The metallic fell 11.7% as a hawkish Federal Reserve and Middle East tensions steered buyers…
