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Down side risk for Gold arises from ETF interest: Barclays

Posted on 11 March 2013

The greatest downside risk for gold prices arises from ETP interest, which has tended to reflect longer-term, “stickier” investor interest, according to a market analysis by London based Barclays.
Gold ETP flows turning negative pose the key downside risk for prices. ETPs recorded their largest monthly outflow in February, with net outflows on a global basis. Indeed, last year, despite hefty price corrections, ETP holdings remained relatively robust and drew fresh interest on price dips………………………………………..Full Article: Source


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