Metals Surge After Fed, Bernanke; Silver ETF Rallies 7%
April 27, 2011 at 16:21 PM EDT
The largest exchange traded fund (ETF) for silver jumped nearly 7% on Wednesday after the Federal Reserve raised its inflation forecast and Fed Chairman Ben Bernanke’s much-hyped press conference. The iShares Silver Trust (NYSEArca: SLV) rose almost 7% in late-day trading after the Fed...