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A Sharp Decline Hits Gold, Silver ETFs and Miners
A Sharp Decline Hits Gold, Silver ETFs and Miners: Exchange-traded funds that track precious metals and mining retreated Tuesday in pre-market trading, en
Yazar: Nora Palmer
Yayınlanma: 18 Ağustos 2020 22:19
Güncellenme: 25 Aralık 2024 07:33
A Sharp Decline Hits Gold, Silver ETFs and Miners
Exchange-traded funds that track precious metals and mining retreated Tuesday in pre-market trading, en route to their biggest daily drop since March.
A breakdown hits the Exchange-traded funds that track precious metals and miners in pre-market trading, on track for their biggest daily decline since March, suggesting that a long run-up might be on track to reverse course.
Latest stock updates
The SPDR Gold Shares ETF GLD, 1.09% was down 3.2%, while the VanEck Vectors Gold Miners ETF GDX, -0.47% lost 4.5%. The iShares Silver Trust SLV, 2.05% slid about 6%, and the Global X Silver Miners ETF SIL, -0.55% was down about 5.5%. Both precious metals GC00, 0.84% SI00, 1.94% have surged to record highs over the past several weeks, boosted by declining interest rates and geopolitical concerns.
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