23.05.2012 - Will the gold ETF recovery last?
While we saw gold exchange traded funds attract robust safe-haven demand over last year, investors now favor the U.S. dollar over bullion as the go-to asset during this bout of Eurozone induced market volatility. SPDR Gold Shares ETF has strengthened somewhat over the past week, but the fund is still down 3% over the past month as the gold spot price dropped down to $1,550 an ounce...............................................Full Article: Source
Print