Mon, Dec 22, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | ETFs / ETCs more

Precious metals lead resurgence by commodities ETFs

Posted on 04 March 2014

While equities wilt as tensions in Ukraine escalate, gold’s safe-haven status is proving alluring with investors rushing to the yellow metal as a shelter-from-the-storm play. Gold futures climbed last month, helping some of the major exchange traded funds backed by holdings of physical gold to see their first month of inflows in over a year.
Last week saw the highest in flows across commodity ETPs in over a year. “Leading the trend were precious metal ETPs, which saw aggregate inflows of $206 million,” according to a research note by Nicholas Brooks, head of research and investment strategy, and Nitesh Shah associate director – research at ETF Securities………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38561 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