Gold ETFs Rally as Central Banks Execute Loose Monetary Policies
April 13, 2020 at 15:03 PM EDT
Physical gold-backed ETFs rallied Monday as traders hedged against ongoing global uncertainty and loose monetary policies from central banks around the world. The SPDR Gold Shares (NYSEArca: GLD) increased 2.1% on Monday, breaking out to a new 52-week high, while Comex gold futures were 0.8% higher...