14.09.2016 - Gold ETFs Remain Prime Fed Defense
The Federal Reserve continues to vex investors. Last Friday, SPDR Gold Shares, iShares Gold Trust and ETFS Physical Swiss Gold Shares and other gold-related exchange traded products were punished after a member of the Federal Reserve said the U.S. central bank should not wait too long before raising interest rates. Those ETFs could not catch a break Monday even after another Fed member reiterated some dovish views on interest rates. However, even with all the recent consternation regarding the Fed’s impact on gold, the aforementioned ETFs are down less than 1% over the past month...............................................Full Article: Source
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