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Gold and Silver Grapple with Round-Number Returns

GLD and SLV have struggled at the +10% year-to-date level

by 6/30/2014 10:20:33 AM
Stocks quoted in this article:

Both the SPDR Gold Trust (GLD) and iShares Silver Trust (SLV) have had trouble at different times this year with closing above the +10% year-to-date (YTD) level. Last Wednesday, these exchange-traded funds (ETFs) each experienced an intraday failure shy of +10% YTD, with gold coming the closest.

This might be of particular interest with recent talk of gold futures clearing resistance at $1,300 an ounce.

Year-to-Date Chart of GLD and SLV

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