| 15.07.2013 - Silver ETF outflows modest compared to gold |
| Gold exchange traded funds (ETFs) witnessed massive redemptions in the first half of 2013 causing gold prices to remain bearish. SPDR Gold Trust (GLD) prices ndropped 25% this year till July 10 while iShares Silver Trust (SLV) witnessed a fall of 37%. However, when physical holdings in gold ETFs fell 24%, outflows in silver witnessed only a modest fall of 1% over the same peirod or just 0.3% of annual demand...............................................Full Article: Source |