Exchange-traded funds tracking gold and silver were among the best performers of Friday's session, as commodity futures soared.
Recently, gold prices were jumping by $10.20 to $750.10 an ounce. Silver was surging 29 cents to $13.94 an ounce.
Market Vectors Gold Miners
ETF was higher by $1.20, or 2.7%, to $45.53. The
PowerShares DB Silver
was up 58 cents, or 2.2%, to $27.10. The
iShares Silver Trust
was climbing $2.79, or 2.1%, to $137.04. The
PowerShares DB Gold
added 40 cents, or 1.4%, to $29.14.
PowerShares DB U.S. Dollar Index Bearish
was also in positive territory as the euro was hitting yet another record high against the dollar, closing in on $1.42. The ETF was adding 17 cents, or 0.6%, to $27.41.
On the other hand, bundled securities tracking homebuilders were also among the biggest losers. Among individual names,
were all lower.
iShares Dow Jones U.S. Home Construction
was shedding 26 cents, or 1.3%, to $19.89. The
SPDR S&P Homebuilders
was falling 20 cents, or 0.9%, to $21.42.
ETFs related to Asian markets were among the worst performers, despite a 2.8% rally overnight on the Chinese CSI 300 Index. Japan's Nikkei 225 eased 0.3% overnight, while Hong Kong's Hang Seng climbed 0.3%.
PowerShares Golden Dragon Halter USX China
fell 42 cents, or 1.3%, to $33.30. The
iShares FTSE/Xinhua China 25 Index
was lower by $2.46, or 1.4%, to $179.63. The
SPDR S&P China
was slipping $1.09, or 1.1%, to $94.03. The
iShares MSCI Hong Kong Index
was down 26 cents, or 1.2%, to $20.97.