Silver ETFs Retreat as U.S. Dollar Strengthens
This article was originally published on ETFTrends.com.
Silver ETFs lost their luster Monday as the U.S. dollar rallied to its highest level in over three months and yields on benchmark U.S. Treasuries push toward 3 percent. On Monday, the iShares Silver Trust (NYSEArca: SLV) and ETFS Physical Silver Shares (NYSEArca: SIVR) both dropped 2.9% and fell below their 200-day simple moving averages. Meanwhile, Comex [...]