A volatile start to 2016 for global equity markets has sent investors looking for safe-haven alternatives and that search is benefiting gold exchange traded products. That safe-haven ebullience is not limited to physically-backed gold exchange traded funds, such as the SPDR Gold Shares (NYSE: GLD), though GLD has been able to cobble together modest inflows to start 2016 after losing more than $5.5 billion combined in the previous two years.
Rising gold prices are prompting investors revisit gold miners equities and the related ETFs, though funds such as the Market Vectors Gold Miners ETF (NYSE: GDX) and the Market Vectors Junior Gold Miners ETF (NYSE: GDXJ) remain locked in long-term bear markets.
“Increased market volatility that unseated equity markets in the opening weeks of 2016 have seen commodities ...
/www.benzinga.com/trading-ideas/long-ideas/16/01/6137870/gold-etfs-regain-some-luster alt=Gold ETFs Regain Some Luster>Full story available on Benzinga.com
More...