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Do Not Be Fooled By The Commodities ETFs Surge

Posted on 04 April 2016

The commodity market has seen a surge lately, with precious metals deserving a special mention. A falling dollar in the wake of a volley of subdued U.S. data points, concerns over global growth and an acute plunge in oil prices have marred the possibility of frequent rate hikes this year.
This has taken the shine off the greenback and has helped the rally in precious metals in the first quarter of 2016. Within the entire collection, the surge in gold was unparalleled, approaching ‘the best quarter in nearly 30 years’. Gold bullion ETF iShares Gold Trust ETF has advanced 16.1% so far this year (as of March 31, 2016)………………………………………..Full Article: Source


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