18.12.2013 - $78bln fall in gold assets leads record investor exit from commodities
Data released by Barclays Capital showed that total global commodity asset values fell by a record $88 billion to $332 billion in the first 11 months of the year. The UK investment bank said $88 billion headline decline in commodity assets under management is the largest on record as is the net $36.3 billion withdrawal of funds from the sector by investors. Barclays said the overall decline was mainly as a result of price falls and investors abandoning the precious metals sector, particularly gold...............................................Full Article: Source
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