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Gold closes out big week with more gains

Published 04/13/2017, 03:52 PM
© Reuters.  Gold closes out big week with more gains
  • Geopolitical tension ratcheted higher all week, culminating (for now) in the U.S. today hitting an ISIS target in Afghanistan with a massive bunker buster bomb.
  • Naturally benefitting was the yellow metal, which gained $35 per ounce, or nearly 3% this week, including a 0.9% advance today.
  • At $1,290 per ounce, it's at its highest since early November.
  • Up 11.75% in 2017, GLD is outperforming the S&P 500 by 750 basis points.
  • ETFs: GLD, IAU, PHYS, SGOL, UGL, DGP, GTU, UGLD, GLL, DZZ, GLDI, OUNZ, DGL, DGZ, DGLD, GYEN, GEUR, UBG, QGLDX, GHE, GHS, GLDW


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