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Gold ETF outflows moderate, Silver ETFs see largest inflows in Q3: ETFS

Posted on 24 October 2013

Gold exchange traded funds (ETFs) continue to witness outflows in Q3, 2013 but it was moderated subtantially compared to Q2 while Silver ETFs saw the largest inflows in Q3, 2013 with US $706 mn of net inflows, according a Quaterly ETF Report of ETF Securities Ltd.
Gold ETFs witnessed outflows of US$3.2 bn compared to record outflows of US $19.6 bn in Q 2, 2013. On a monthly basis, gold outflows have been moderating at a relatively steady pace since peaking at US$8.7bn in April 2013………………………………………..Full Article: Source


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