09.05.2016 - Asset class pushes higher on sustained demand from investors
Commodities markets were awash in green at the end of the week despite another small gain for the US dollar, as data showed that investors were continuing to pile into the asset class. Gold was among the strongest performers, with the June 2016 COMEX contract up by 1.71% to $1,294.00/oz. by the closing bell. Commodity funds had another week of inflows, the 17th so far this year, pushing year-to-date inflows to almost $6bn, analysts at Bank of America-Merrill Lynch said citing figures from EPFR Global...............................................Full Article: Source
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