Silver's price swings have rattled investors so much that even a 10 percent rally last month wasn’t enough to boost purchases of exchange-traded funds backed by silver.
Gold advanced the most in more than two weeks amid speculation that China, the world’s biggest consumer, will take more measures to bolster the economy, boosting demand for the precious metal as a store of value.
Gold advanced the most in more than two weeks amid speculation that China, the world’s biggest consumer, will take more measures to bolster the economy, boosting demand for the precious metal as a store of value.
Gold advanced the most in more than two weeks amid speculation that China, the world’s biggest consumer, will take more measures to bolster the economy, boosting demand for the precious metal as a store of value.
Holdings in the SPDR Gold Trust, the world’s biggest exchange-traded fund backed by the metal, tumbled 1.6% yesterday to 712.9 metric tons, the biggest drop since June 2013.
Holdings in the SPDR Gold Trust, the world’s biggest exchange-traded fund backed by the metal, tumbled 1.6% yesterday to 712.9 metric tons, the biggest drop since June 2013.
Gold futures fell for the second straight day as the U.S. economy expanded more than estimated, crimping demand for the precious metal as an alternative investment.
