| Gold is often the gateway ETF for many investors eager for exposure to the perceived safe haven. But what should we expect from the precious metal in the future? Commodity ETPs have seen their largest inflows in six weeks, with bargain-hunters attracted by depressed valuations. Inflows into physical gold reach six week high.
Several commodities including Brent, platinum, palladium and most industrial metals rose last week rebounding on the back of the better investor sentiment toward commodities. With many commodities trading so close to their marginal cost of production, we believe that prices cannot fall much lower without triggering a supply response. Better-than-expected GDP and industrial production data from China, the world’s largest consumer of commodities, also helped boost cyclical commodity prices...............................................Full Article: Source
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