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Commodity ETF flows: Energy funds fuel inflows, GLD slips below $40 bln in AUM

Posted on 10 July 2013

Commodity exchange-traded products added nearly $800 million in the shortened week ending Wednesday, July 3, with the majority of inflows attributable to the energy sector. The SPDR Gold ETF (GLD) suffered outflows, however, dropping below $40 billion in total assets. Energy funds piled on $733 million, and precious metals snagged $193 million despite GLD’s losses.
Broad market (multicommodity) funds shed $78 million overall, agriculture lost $27 million, and industrial metal funds saw outflows of $25 million. Exchange-traded products (ETPs) include exchange-traded funds (ETFs), exchange-traded vehicles (ETVs), and exchange-traded notes (ETNs)………………………………………..Full Article: Source


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VRS - who has written 38189 posts on Opalesque Commodities Briefing.


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