Gold ETFs Tick Higher as China Adds More Precious Metals to Reserves

Despite news of a trade deal swirling with the U.S., China is shoring up its reserves of gold amid a slowing economy. This could help exchange-traded funds (ETFs) like the SPDR Gold Shares (NYSEArca: GLD) and SPDR Gold MiniShares (NYSEArca: GLDM). Per a Bloomberg report, the “People’s Bank of...