Gold, Silver ETFs Could Languish; Moody’s Slashes Forecasts
January 09, 2014 at 14:12 PM EST
Gold and silver exchange traded funds look tarnished after last year’s rout, and Moody’s Investors Service anticipates more pain for the precious metals ahead as central banks unwind accommodative measures and inflation remains subdued. The SPDR Gold Shares (NYSEArca: GLD) fell 26.4%...