After a free fall that saw metals and mining stocks decline over 80% throughout the summer and fall, the sector recovered strongly in December before pulling back towards the end of the month.
Invesco PowerShares listed five new ETFs today on Nasdaq. The PowerShares Global Biotech Portfolio (PBTQ) tracks an index of 50 global biotech companies.
ETF investors have several choices for gaining exposure to gold including funds that hold physical gold, invest in futures contracts or own gold mining stocks. Leveraged and inverse funds are also available.