Tuesday 12 May 2015

Are Gold ETFs Poised To Rally? Rate Scenario Holds Clue

Otmane El Rhazi from Investor's Business Daily - ETFs RSS.

Could diversifier assets, such and gold and silver ETFs, recover? SPDR Gold Shares (GLD), the largest exchange traded fund tracking the physical metal, sneaked back above its 50-day moving average in early Tuesday trade. So did iShares Silver Trust (SLV). The 50-day line is a key measure of technical support and one the precious metal ETFs have been straddling since April. These bellwether commodity ETFs have been hard hit in the past year. GLD is

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