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$78bln fall in gold assets leads record investor exit from commodities

Posted on 18 December 2013

Data released by Barclays Capital showed that total global commodity asset values fell by a record $88 billion to $332 billion in the first 11 months of the year. The UK investment bank said $88 billion headline decline in commodity assets under management is the largest on record as is the net $36.3 billion withdrawal of funds from the sector by investors.
Barclays said the overall decline was mainly as a result of price falls and investors abandoning the precious metals sector, particularly gold………………………………………..Full Article: Source


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