| Global commodity exchange traded product (ETP) assets rose US$3.7bn in Q3 2011 to reach a record quarterly high of US$178.2bn, a remarkable achievement given the substantial financial and economic turbulence during the quarter.
The strong headline figure, however, masks highly divergent trends at a sector level, with precious metal ETP assets surging by US$11.8bn during the quarter and all other commodity ETP sectors seeing assets fall by US$8.1bn. Gold was in fact the only bright spot, with a combination of price gains and new investor inflows pushing gold ETP assets up US$13.7bn to a record quarter-end high of US$121.7bn..............................................Full Article: Source |