31.07.2009 - Gold ETFs lost some haven flavor

From WSJ: Holdings declined in July in exchange-traded funds that focus on gold. At least part of the strong demand for gold ETFs from early in the year appears to be easing as credit-market concerns abate, inflation remains contained and investors look to capture profits. Some observers see the trend as a temporary phenomenon, while others say it might be at least somewhat worrisome for gold bulls.........Full Article (Subscription Required) : Source

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