By: ETF Trends
March 18, 2013 at 14:00 PM EDT
Gold Back Above $1,600 as ETF Selling Abates
Gold prices climbed back over $1,600 an ounce on Monday as fears over a controversial levy on bank deposits in Cyprus bought Europe’s debt crisis back into clear focus. SPDR Gold Shares (NYSEArca: GLD) rose 1% in afternoon trading. The bullion-backed ETF has gained ground the past two weeks after...
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