Gold ETFs Regain $1,600 as Markets Eye Spain, Fed
Posted on June 12, 2012 at 12:38 PM EDT
Gold exchange traded funds rose about 1% on Tuesday as European debt fears continued to rule the headlines and Spanish 10-year bond yields spiked to a euro-era high. The precious metal climbed back above $1,600 an ounce with traders positioning for next week’s Federal Reserve meeting. In Europe,...