12.03.2012 - Gold bulls strengthen as ETP holdings top $131bln
Gold traders are the most bullish in four months after investors accumulated more metal than ever and hedge funds raised bets on gains to a five-month high. Sixteen of 23 analysts surveyed by Bloomberg expect prices to gain next week and one was neutral , the highest proportion since November 11. Investors increased their holdings in exchange-traded products (ETP) backed by bullion for seven consecutive weeks and now hold 2,407 metric tonne valued at $131 billion, data compiled by Bloomberg show..............................................Full Article: Source
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