India Could Cut Import Restrictions, Bolstering Gold ETFs
May 19, 2014 at 13:43 PM EDT
Traders are taking a shine to gold exchange traded funds Monday, speculating on easing bullion import curbs in India after Narendra Modi’s win in the national elections. Rising for the first time in three sessions, the SPDR Gold Shares (NYSEArca: GLD) was up 0.1% Monday. GLD has gained 7.2%...