Gold ETFs Suffer a Rout Over Past Two Days: Buy the Dip
ZACKS·2025-10-23 16:40
Gold prices tumbled sharply on Oct. 21, 2025, marking their largest daily slump in years as a record-breaking rally in precious metals finally hit a bump, according to Bloomberg data, as quoted on Yahoo Finance. The gold bullion exchange-traded fund SPDR Gold Trust (GLD) lost about 6.9% over the past two days (as of Oct. 22, 2025).The sharp correction came amid easing U.S.-China trade tensions, a stronger U.S. dollar and technical signals suggesting the metal had entered overbought territory, per the same a ...