| 05.03.2012 - Gold ETFs pause on Bernanke, QE3 talk |
| Gold exchange traded funds took a hit this week after Federal Reserve Chairman Ben Bernanke said the economy is sending mixed signals. His comments tempered speculation that more quantitative easing from the central bank is imminent. Gold prices and ETFs such as SPDR Gold Trust fell sharply on Wednesday but the metal held at $1,700 an ounce. The largest gold ETF saw one of the biggest one-day losses since late September 2011...............................................Full Article: Source |