ETF Trends/Ben Hernandez/3-20-2019
“Following the Federal Reserve’s decision to keep rates flat, gold exchange-traded funds (ETFs) like the SPDR Gold Shares (NYSEArca: GLD) and SPDR Gold MiniShares (NYSEArca: GLDM) gained as the dollar fell. GLD gained 0.65 percent while GLDM rose 0.61 percent.”
USAGOLD note: Not surprisingly, funds and institutions bought gold on the Fed news.
