Exchange traded funds (ETFs) for gold and silver miners tracked precious-metals prices higher on Wednesday while the dollar weakened after the Federal Reserve stood pat on interest rates but boosted its inflation outlook.
Global X Silver Miners ETF (NYSEArca: SIL) soared more than 5%, while Market Vectors Gold Miners ETF (NYSEArca: GDX) added about 2%.
Miner stocks have been trailing bullion prices recently. [Why are Silver Miner ETFs Lagging Silver Prices?]
Global X Silver Miners ETF (NYSEArca: SIL)
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