06.08.2013 - Gold ETF outflows near $31bln: BlackRock
There are lots of numbers showing investors’ sour attitude on gold this year. The most interesting one is $30.9 billion. That’s the figure for net asset outflows around the world from gold exchange-traded funds and related investments. BlackRock sent it out this morning documenting the state of the ETF market as of July 31st. Commodity ETFs have bled money this year, but the story is almost entirely about gold. Here’s a chart of how the $30.9 billion in gold outflows compares to other commodity funds...............................................Full Article: Source
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