| 24.04.2013 - Gold ETP assets nosedive; SocGen declares a bullion bubble |
| Société Générale S A became the fourth money center bank to mark down its 2013 gold target price following record outflows from gold ETPs. Holdings of gold exchange-traded products sank 154 metric tons worldwide over the first quarter, the largest drop-off on record, according to analysts at Barclays Capital. By contrast, gold assets rose 71 tons in the year-ago quarter...............................................Full Article: Source |