Gold ETFs Gain as Dollar Weakens After EU Pact
October 10, 2011 at 08:46 AM EDT
Gold exchange traded funds were set to open the week with a 2% rise on reports of a banking sector recapitalization in Europe, while the euro strengthened against the U.S. dollar. SDPR Gold Shares (NYSEArca: GLD) was up 2% in preopen trade Monday. German Chancellor Angela Merkel and French...