Thu, Dec 18, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | ETFs / ETCs more

Macro issues lift gold ETFs

Posted on 04 February 2014

Following a brutal 2013 in which the major physically-backed gold exchange traded funds plunged 28.3% with two of those funds ranking among the 10 worst ETFs for annual outflows, bullion has started 2014 on much firmer footing. Last month, the yellow metal posted its best performance in five months, one of the few asset classes to start 2014 on an upbeat note.
“Gold ended the first month of 2014as one of the best performing assets, gaining of 3.9% over the month. The S&P 500 declined 3.5%, the US dollar rallied and emerging markets equities as the Fed began tapering its bond purchasing program,”……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 38515 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031