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Commodities Briefing - Categorized | Bullion/Gold, Trading more

Gold’s safe-haven allure reborn

Posted on 04 February 2014

Commodity traders are moving back into safe-haven gold exchange traded funds and away from industrial metals on concerns of slowing economic growth in the emerging markets and amid the global sell-off in equities.
The SPDR Gold Shares, iShares Gold Trust and the ETFS Physical Swiss Gold Shares have all gained a little over 3% year-to-date. In comparison, the MSCI Emerging Markets Index is down 6.6% so far this year while the S&P 500 is down 3.5%………………………………………..Full Article: Source

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This post was written by:

VRS - who has written 38144 posts on Opalesque Commodities Briefing.


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