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Precious Metal ETFs Strengthen on Bets of Lower Rate Hikes Ahead

Precious metals-related exchange traded funds rallied on Thursday after the Federal Reserve’s less aggressive stance in the face of weakening U.S. economic data helped support the case for hard assets. Among the better-performing non-leveraged ETFs of Thursday, the ETFMG Junior Silver Miners ETF (NYSEArca: SILJ) advanced 3.6%, the VanEck Vectors Gold Miners ETF (NYSEArca: GDXJ) [...] The post Precious Metal ETFs Strengthen on Bets of Lower Rate Hikes Ahead appeared first on ETF Trends .
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