Bundled securities tracking commodities were among the top ETF performers Thursday, as gold and silver prices jumped. Gold futures added $9.90 to $602.50 an ounce, and silver was up 34 cents to $12.17 an ounce.
SPDR Metals & Mining
ETF was higher by $1.47, or 3.2%, to $46.84. The
Market Vectors Gold Miners
ETF was gaining $1.11, or 3.2%, to $36.29. The
iShares Silver Trust
ETF tacked on $3.20, or 2.7%, to $120.42, and the
streetTRACKS Gold Shares
was recently up 85 cents, or 1.5%, to $59.44.
Energy-related ETFs also jumped as crude prices moved higher. Oil futures were recently adding 89 cents to $58.54 a barrel as OPEC convened in Qatar, where the group is expected to cut output in order to halt the recent tumble in prices.
SPDR Oil & Gas Equipment & Services
ETF was higher by 2.9% to $27.76. The
iShares Dow Jones U.S. Oil Equipment Index
ETF was gaining 2.6% to $43.03, and the
Oil Services HOLDRs
ETF was climbing 2.6% to $131.69.
In addition, the
ETF gained thanks to a 7% advance in holding
. The Internet auctioneer posted third-quarter sales and adjusted earnings that topped estimates. The ETF was higher by 88 cents, or 1.8%, to $49.03.
Meanwhile, ETFs tracking semiconductors were hit hard.
Advanced Micro Devices
dropped more than 11% after posting a significant decline in margins.
ETF was falling by 85 cents, or 1.8%, to $47.52. The
ETF was lower by 33 cents, or 1%, to $33.73. The
iShares Goldman Sachs Semiconductor
ETF was sliding 57 cents, or 0.9%, to $60.55.