27.10.2015 - How Gold ETF Added $1B & Still Has Shaky Outlook
The SPDR Gold Shares, iShares Gold Trust and ETFS Physical Swiss Gold Shares and other gold-related exchange traded products have recently been solid performers, even amid some dollar strength, and that strength is luring options bulls to some gold funds. Gold is seeing greater support from safe-haven demand after currency devaluations across Asia added to investment demand for a better store of value than paper currencies or stocks and bonds. Bullion was recovering lost ground after dropping to a five-year low last month on concerns that the Fed would hike rates as early as September. Obviously, a rate hike for 2015 can now only happen in October or December...............................................Full Article: Source
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