Gold, Silver ETFs Diverge Before Fed
August 09, 2011 at 09:49 AM EDT
Gold and silver exchange traded funds were moving in opposite directions Tuesday morning as markets awaited the Federal Reserve statement on the economy and interest rates. SPDR Gold Shares (NYSEArca: GLD) rose 1.7% while iShares Silver Trust (NYSEArca: SLV) declined 2.5%. Gold ETFs have advanced...