21.01.2009 - Surge in demand for gold ETCs
From Trustnet.com: ETF Securities has seen total assets under management in its physical gold exchange-traded commodities grow 55 per cent in the past year to $4.8bn. The increase is due to gold's dominant position as a liquid safe haven asset while not being subject to credit risk.In addition, ETF Securities says gold's low to negative correlation with equities helped it to dominate 2008 performance tables, with a four per cent increase in USD and 44 per cent increase in GBP..... Full Article: Source
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