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Gold And Silver ETFs Soar On Fed (GLD, IAU, SGOL, SLV, SIVR)
January 26, 2012
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Gold and silver ETFs jumped on Wednesday in response to the Fed’s plan to keep interest rates near zero until mid-2014 and to keep inflation rate at 2 percent per year, according to the Wall Street Sector Selector. The SPDR Gold Trust ETF (NYSEArca: GLD), the iShares Gold Trust (NYSEArca: IAU), the ETFS Physical Swiss Gold ETF (NYSEArca: SGOL) and the iShares Silver Trust ETF (NYSEArca: SLV) saw gains of more than 2.5 percent, according to the article. Go to WallStreetSectorSelector.com for the full story.
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