10.08.2016 - Gold Rush Fuels 'Best Year Ever' for Precious Metals Funds
Investors worldwide have poured a total of $51 billion into commodity-focused ETFs and similar investment products, Barclays estimates. The bulk of that total, $28.8 billion, went to precious metals funds. Last summer, the commodities sector was frozen in a half-decade long bear market with few signs of a thaw in the near future. Now, it's hot once again, with gold and silver funds set to see record-breaking inflows of cash. "Precious metals, and gold in particular, have been the most favored commodity sector," according to a recent report from Barclays, which estimated flows into and out of commodity funds worldwide...............................................Full Article: Source
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