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JJP - GLTR Is A Basket Approach To The Precious Metals Sector
iPathA Series B Bloomberg Precious Metals Subindex Total Return ETN
Precious metals prices have been moving in a wide trading range over the recent sessions as the market continues to digest the rallied that occurred over the summer. Wider trading ranges offer opportunities for traders to capture the ups and downs of the market. However, the evidence continues to point to higher prices.
The trade war with China escalated over the summer, and precious metals moved higher over the fear and uncertainty of the protectionist measures. At the same time, central banks around the world have been lowering interest rates, which tends to be supportive