Wednesday 19 August 2015

Gold ETFs Regain Some Luster As China Looks Weak, Fed Eyed

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

Gold ETFs popped Wednesday in early afternoon trade as the stock market wilted further. China spooked investors again. Anxieties about a hard landing for the Chinese economy revived after wild swings in the nation's trading session. Worries about the Federal Reserve's course of action on a Fed rate liftoff also intensified ahead of the release of July Federal Open Market Committee meeting minutes. The Shanghai Composite Index flipped to gains

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