Gold Isn’t An Income-Generating Asset, But That’s Okay
August 23, 2019 at 11:59 AM EDT
The SPDR Gold Shares (NYSEArca: GLD), the world’s largest gold-backed ETF, is up nearly 17% year-to-date, but one of the most common complaints gold investing lingers: that the yellow metal (and other commodities funds) don’t generate income. Some see that notion as increasingly...