| Rising energy prices have been positive for ETF investors focused on commodities recently, but rising geopolitical risk could provide additional boosts to ETCs, a specialist has claimed. In the 10-page ETF Securities Commodity ETP Weekly, commodity strategist Martin Arnold said: “The energy sector was the one bright spot within a gloomy week for commodity markets.
“Lingering Greek uncertainty and rising geopolitical risk are likely to remain supportive influences for precious metals in coming weeks.” According to the publication, US$39.3m (£24.9m) was withdrawn from long oil ETPs in the week to 11 June as investors tried to retain profits ahead of a potential market correction following energy price rises...............................................Full Article: Source
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