Yuan Devaluation a Boon for Miners ETFs
August 13, 2015 at 08:00 AM EDT
China’s decision earlier this week to devalue its currency, the yuan, sent shock waves through global financial markets, but one group of downtrodden exchange traded funds is benefiting: Gold and silver miners funds. Amid a savage commodities rout that has seen the SPDR Gold Shares (NYSEArca:...