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Investors dump gold

Posted on 08 March 2013

Investors pulled $5.6 billion from gold exchange-traded products (ETPs) in February after poor performance by the yellow metal, but appetite for riskier, growth-oriented industrial metals ETPs remained intact.
In February, the gold price dropped for the fifth month in a row, with the S&P GSCI Gold Index off 5.04 percent. The world’s largest gold-backed ETP had its biggest monthly outflow since inception as investors sought better returns………………………………………..Full Article: Source

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