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Gold Miners Looking Sexier Than Metal-Backed ETFs As Investors Minimize Risk
Aug. 16, 2011 09:50AM PST
Precious MetalsForbes reported that gold stocks are currently more favorable to investors than gold ETFs.
Forbes reported that gold stocks are currently more favorable to investors than gold ETFs.
The market news is quoted as saying:
Activity in physically backed ETFs, particularly the SPDR Gold Trust (GLD), has been massive amid global financial turmoil and volatility during the last couple of weeks, pushing GLD’s gold holdings to all-time highs.
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