- Down 1.6% today to $1,208 per ounce, gold - after popping over $1,300 in mid-January - has roughly returned to its level from the year's start.
- Don't blame the dollar. It's is still strong, but gold's decline over the past month has come as the greenback has given back some of its big gains. instead the yellow metal's bear move is the near mirror image of the sharp rise in long-term bond yields.
- GLD -1.7%
- ETFs: GLD, IAU, SGOL, UGL, DGP, GLL, UGLD, DZZ, GLDI, OUNZ, DGL, DGZ, DGLD, AGOL, TBAR, UBG, BAR, GYEN, GEUR, BARS