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Will Gold ETFs Continue to Shine?

Posted on 19 June 2014

After a lackluster 2013, gold is performing remarkably well this year. Most of the gains can be attributed to weak equity markets, momentum sell-off, uneven economic growth, firming dollar and the Ukraine crisis. Now, escalating violence in Iraq is boosting the appeal for the safe haven across the board.
In fact, the gold bullion climbed 6% in the year-to-date time frame and is easily outperforming the broad markets when compared to the 4.8% gain for the S&P 500, 3.5% for Nasdaq, 1.2% gain for Dow Jones and 0.08% for FTSE. This trend is likely to continue this year given rising demand and geopolitical tensions…………………………………..Full Article: Source


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This post was written by:

VRS - who has written 36521 posts on Opalesque Commodities Briefing.


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