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Gold miners target investors as ETFs hit multiyear lows vs. bullion

Posted on 28 February 2013

The largest gold miner ETF is down more than 20% the past three months to fall to its lowest level against bullion prices in at least three years. Market Vectors Gold Miners ETFhas dropped 31.6% the past year to triple the loss of SPDR Gold Shares.
“The gold-mining industry, which has underperformed the precious metal for each of the past six years, is pledging to report costs more accurately as part of its efforts to win back investor confidence,” Bloomberg News reports Wednesday………………………………………..Full Article: Source


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