Rising Fed Expectations Drag on Precious Metals ETFs
July 25, 2016 at 14:35 PM EDT
Precious metals- and miners-related exchange traded funds stumbled Monday ahead of the Federal Open Market Committee meeting this week as traders speculate that the Federal Reserve will hike U.S. interest rates this year. On Monday, the SPDR Gold Shares (NYSEArca: GLD), the largest physically...