| Gold fell below support of $1180 per ounce with physically exchange traded funds (ETFs) across precious metals witnessing redemptions thus far this month, Barclays noted in a weekly report. Gold holdings are down 34 tons, on track to match the magnitude of outflows last month.
Physically backed ETPs across all four precious metals have suffered from net redemptions thus far this month. Gold holdings are down 34 tonnes, on track to match the magnitude of outflows last month. Silver holdings are down over 100 tonnes partially reversing the sizeable inflows seen last month while the PGMs are down just over 50koz each extending the losses from September...............................................Full Article: Source
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