Rising Chinese Demand Supporting Gold ETFs
April 29, 2015 at 10:00 AM EDT
After the decline in bullion prices, Chinese consumers are picking up gold again, lifting the precious metals market and related exchange traded funds. Over the past week, SPDR Gold Shares (NYSEArca: GLD) rose 0.5%, iShares Gold Trust (NYSEArca: IAU) added 0.6% and ETFS Physical Swiss Gold Shares...