Markets
GLD

Gold ETFs can Endure Fed Hikes

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.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article was provided by our partner Tom Lydon of etftrends.com.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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