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Gold mining ETFs rebound: Can it last?

Posted on 29 October 2013

After losing as much as 50% of their value in the first half of 2013, gold miners have seen some respite in recent weeks on rising gold prices. Gold has rallied from just about $1,250/oz. to its current level above $1,350/oz., suggesting strong sentiment in the space.
This increase is also being felt in the ETF space with key products like GLD , IAU and SGOL adding as well in recent sessions. While these performances have been good, events have been even better in the gold mining ETF space……………………………………….Full Article: Source


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VRS - who has written 34673 posts on Opalesque Commodities Briefing.


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