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Commodities Briefing - Categorized | Bullion/Gold, Market Moves more

Gold seen under pressure on outflows from exchange-traded products

Posted on 15 April 2013

Global commodity markets have had a poor start to 2013 with prices declining nearly across the board. Weakness in March meant that all base metals, most precious metals (notably gold and silver), iron ore and coking coal prices fell over the quarter.
Gold and silver ended the quarter 4 per cent lower from where they started. In particular, gold suffered from an investor sell-off with sustained outflow of the metal from physically-backed Exchange Traded Funds………………………………………..Full Article: Source


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