Gold ETFs Rise Following Fed Rate Decision
This article was originally published on ETFTrends.com.
Following the Federal Reserve’s decision to keep rates flat, gold exchange-traded funds (ETFs) like the SPDR Gold Shares (NYSEArca: GLD) and SPDR Gold MiniShares (NYSEArca: GLDM) gained as the dollar fell. GLD gained 0.65 percent while GLDM rose 0.61 percent. The Invesco DB US Dollar Bullish (UUP) fell 0.58 percent In move that was widely anticipated by [...]