Gold, Silver ETFs Rally on U.S. Debt Outlook; Treasuries Fall
April 18, 2011 at 09:54 AM EDT
Exchange traded funds (ETFs) that invest in gold and silver jumped Monday morning after Standard & Poor’s cut its outlook on U.S. debt to negative, while Treasury ETFs fell in the wake of the downgrade. The iShares Silver Trust (NYSEArca: SLV) rose more than 1% in early trading while SPDR Gold...