Strong Jobs Report Pulls Rug From Under Gold Miner ETFs
March 06, 2015 at 14:46 PM EST
The improving job numbers are fueling Federal Reserve rate hike speculation and dragging on the gold bullion and miner-related exchange traded funds. With the SPDR Gold Shares (NYSEArca: GLD), the world’s largest ETF backed by physical holdings of gold, down 2.7% and broad equities markets off over...