Precious Metals ETFs Surge as Silver Eyes $50 an Ounce
April 25, 2011 at 06:59 AM EDT
Exchange traded funds (ETFs) that invest in precious metals were set to open sharply higher Monday as silver prices jumped more than 6% to almost $50 an ounce. Silver was trading near levels not seen since 1980 when the Hunt brothers tried to corner the market. “Everyone is buying,” a...
