| The beginning signs of a rebound in oil and gold were enough to lure investors back to commodity funds last month. Exchange-traded products tracking raw materials absorbed $2.3 billion in August, the first increase in six months, according to a report from Blackrock Inc. on Thursday. Oil funds took in $1.8 billion, while those for gold collected $400 million and volatility-linked alternative products picked up $600 million.
Oil and gold rose about 4 percent in August, one of the few months with gains for markets that have seen prices steadily decline for the past two years. Crude rallied in the last few days of August as comments from OPEC and signs that the U.S. shale boom is fading faster provided optimism that a global supply glut will shrink...............................................Full Article: Source
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