Weak Dollar Could Make Gold ETFs Glitter Some More
June 22, 2020 at 13:44 PM EDT
Gold, like other commodities, is denominated in dollars, meaning that when the U.S. currency is strong, commodities often languish. Well, the dollar is strong this year, making the performances delivered by the SPDR Gold Shares (NYSEArca: GLD) and the SPDR Gold MiniShares Trust (NYSEArca: GLDM) all...