16.09.2015 - Gold ETFs Held Captive by the Fed
The SPDR Gold Shares, iShares Gold Trust and ETFS Physical Swiss Gold Shares and other gold-related exchange traded products once again find themselves bracing for the worst from another Federal Reserve meeting. And while the worst, in the case of gold ETFs that being higher interest, may not come to pass later this week, bullion-backed funds have some work to do before recapturing investors’ confidence. Dragging on the gold market, volatility is beginning to ease after markets try to recover from the swift correction – gold is seen as a safe-haven asset that provides a good store of wealth during tumultuous market conditions...............................................Full Article: Source
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