Gold ETFs can Endure Fed Hikes

Markets ETF Trends

The SPDR Gold Shares (NYSEArca: GLD), the world’s largest exchange traded fund backed by physical holdings of gold, is down 1.6% over the past week and 9.2% over the past month, declines that many gold bugs are blaming on the specter of the Federal Reserve raising interest rates this week. If the Fed does move…Click to read more at ETFtrends.com.

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