11.09.2013 - Gold, oil ETFs pull back on Syria plan
ETFs tracking gold and oil were among Tuesday’s biggest percentage decliners amid reports that Syria has accepted a Russian proposal to hand over its chemical weapons, a move that could avert a U.S. military strike. U.S. Oil Fund (NYSEArca: USO) slipped 2% while SPDR Gold Shares (NYSEArca: GLD) fell 1.8%. The iShares Silver Trust (NYSEArca: SLV) was off more than 3%. President Barack Obama will address the nation on Syria on Tuesday evening...............................................Full Article: Source
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