Gold ETFs Flat as Price Lingers Near $1,500; Dollar Weakens
April 19, 2011 at 08:21 AM EDT
Gold exchange traded funds (ETFs) were on tap for a flat open Tuesday while prices for the precious metal drifted near $1,500 an ounce. The dollar weakened in premarket action after rising Monday following the U.S. credit-outlook downgrade from Standard & Poor’s. SPDR Gold Shares (NYSEArca:...