Why Gold ETFs Are Suddenly Tarnishing
Gold prices have declined in 2026, with gold down ~6% YTD and over 10% since early June, after rising 64% in 2025. That has pressured gold ETFs including SPDR Gold Shares (GLD) and iShares Gold Trust (IAU), both near flat-to-down since early 2025; SPDR Gold Trust is down ~6% YTD. The article links weakness to rate/inflation outlook and cites BlackRock and Morgan Stanley.

