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Gold, Silver ETFs Are Climbing

From etftrends.com

Precious metals-related exchange traded funds surged Thursday as traders looked to hedge against lingering geopolitical tensions and turned to hard assets with U.S. Treasury yields slipping. Among the better-performing non-leveraged ETFs of Thursday, the ETFMG Junior Silver Miners ETF (SILJ) advanced 5.5%, the VanEck Vectors Gold Miners ETF (GDXJ) increased 5.5%, the Global X Silvers Miners ETF (SIL) rose 4.7%, and the VanEck Gold Miners ETF (GDX) gained 4.2%. Meanwhile, the SPDR Gold Shares (GLD) was 1.6% higher and the iShares Silver Trust (SLV) was up 0.7% as Comex gold futures pushed 1.7% higher to $1,806.2 per ... (full story)

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  • Category: Fundamental Analysis