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Source anticipates gold ETP inflows to continue into 2013

Posted on 18 December 2012

Inflows into European gold exchange-traded products (ETPs) have reached $6.8 billion year to date (15.4% growth), bringing total assets to $44.2 billion in a year when the spot gold price has increased by 9% year to date in US dollar terms and ranged from $1,540 to $1,790/oz.
As demand for gold and other precious metals has continued to grow, investors have increasingly adopted physically-secured ETPs as their vehicle of choice.One such product, the Source Physical Gold P-ETC (SGLD), has gathered $1.5 billion in net new assets (NNA) so far in 2012, the highest of any European gold ETP year to date…………………………………….Full Article: Source


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