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Why gold ETFs are losing their shine

By Shruthi Nair

Even as gold prices hit record highs – analysts believe they could range between $2,200 and $2,600 per ounce until the end of this year – exchange traded funds that follow the precious metal have had their worst first half since 2013, losing almost $7 billion in value.

The World Gold Council’s Andrew Naylor and Deepa Sachanandani of Century Financial told AGBI there are four main reasons why gold ETFs are not performing as well as physical gold.

Watch the video to find out what they are.

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