Exchange-traded funds following gold were among the worst performers of Monday's session as futures dropped in price.
Recently, gold prices were dropping $19.70 to $734.40 an ounce.
Market Vectors Gold Miners
ETF was lower by $1.13 or 2.5%, to $44.46. The
PowerShares DB Base Metals
was down 68 cents, or 2.6%, to $25.72. The
iShares Comex Gold Trust
was declining 88 cents, or 1.2%, to $72.66. The
PowerShares DB Precious Metals
eased 34 cents, or 1.2%, to $28.10.
ETFs tracking homebuilders were also among the worst losers of a mixed session Monday. Recently,
were all losing 2% or more.
iShares Dow Jones U.S. Home Construction
was down 68 cents, or 3%, to $22.10. The
SPDR S&P Homebuilders
fell 38 cents, or 1.6%, to $22.99.
Oil-related ETFs were also on the decline, as crude sank $1.47 to $79.75 a barrel. Over the last seven sessions, the November contract has lost 3.8%.
United States Oil
ETF was losing $1.28, or 2.1%, to $61. The
iPath S&P GSCI Crude Oil Index
slid 95 cents, or 2.1%, to $45.01. The
PowerShares DB Oil
was down 37 cents, or 1.3%, to $29.10.
Real estate ETFs were also under pressure. Deutsche Securities downgraded
to hold from buy.
Ultra Real Estate ProShares
was losing $1.45, or 2.7%, to $52.02. The
Vanguard REIT Index
ETF was lower by $1.16, or 1.5%, to $75.53. The
iShares Dow Jones U.S. Real Estate
eased 77 cents, or 1%, to $80.03.
On the other hand, the
Internet Architecture HOLDRs
was one of few winners, buoyed by
, which topped the $600 level for the first time Monday. Among its holdings,
were up by 2.1% and 2.7%, respectively.
The Internet Architecture HOLDRs was recently up 46 cents, or 0.9%, to $54.30.