08.04.2016 - Peru ETF Shining on Gold Rally
The Peruvian market has delivered a stunning performance so far this year, thanks to a spurt in commodity prices. Peru is a commodity centric economy. In fact, it is one of the largest producers of gold and silver in the world. The weakness in the global financial markets has helped precious metals, like gold and silver, to regain their sheen in 2016. Sluggish growth in China since the beginning of the year and the global oil market turbulence has lifted safe-haven demand. While SPDR Gold Trust ETF (GLD) has gained 15.2% year-to-date, iShares Silver Trust (SLV) has risen 7.7% (as of April 4,2016)..............................................Full Article: Source
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