06.02.2009 - ETFs absorb more than $3 billion of gold so far this year
From Mineweb.com: With the gold price reaching records in a number of important consuming nations, jewellery demand is stagnant - but ETFs are soaring; are they establishing themselves as the west's answer to small bars? The markets' renewed belief since the start of this year in gold's role as a risk hedge has been made abundantly clear and nowhere more so than in the figures released for the Exchange Traded Funds. .... Full Article: Source
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