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Gold ETFs in tug of war between Ukraine fears and US growth

Posted on 29 April 2014

There has been mixed research on gold. According to Saxo Bank, gold saw a sixth consecutive week of outflows in exchange traded products last week.
Investors traditionally buy gold as a safe-haven asset at times of uncertainty, but ongoing fears about the political crisis in Ukraine have been offset by confidence in the US economy, the research says. The EU and the US have imposed sanctions on Russian officials linked to president Vladimir Putin, in response to Moscow’s annexing of Crimea………………………………………..Full Article: Source


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