Gold ETFs Glisten As U.S. Dollar Sells Off
Gold ETFs sparkled Thursday as the U.S. dollar sold off on weak manufacturing and housing data, spurring hopes for more quantitative easing. Here's a performance overview of the key ETFs involved: PowerShares DB U.S. Dollar Index Bullish (UUP) dropped 0.44%. SPDR Gold Shares (GLD) rose 0.74% to $156.79. Market Vectors Gold Miners ETF (GDX) jumped 2.60%. Market Vectors Junior Gold Miners ETF (GDXJ) leapt 2.91%. Strategists' outlooks differ.
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