Gold Miners, ETFs Gain Hedge Fund Fans
August 11, 2014 at 16:22 PM EDT
Investors and hedge funds have shifted away from gold bullion in favor of mining stocks and related exchange traded funds as miners begin to reveal improved business fundamentals. The Market Vectors Gold Miners ETF (NYSEArca: GDX), the largest gold miners ETF, has surged 26.7% so far this year,...