Gold, Silver ETFs Higher on Weak Dollar
May 04, 2011 at 09:06 AM EDT
Exchange traded funds (ETFs) tracking gold and silver were fractionally higher before Wednesday’s opening bell as the dollar continued to weaken against currency rivals. PowerShares DB US Dollar Bullish Fund (NYSEArca: UUP) was down 0.5% in premarket, close to its 52-week low of $20.86 a share. The...