26.02.2009 - ETF Securities gold assets reach all time high
From Commodityonline.com: Gold continues to attract strong safe haven flows, with gold prices breaking through $1000/oz last week on strong investor demand for physically backed gold. Physically-backed gold ETC inflows rose $31 million last week, equivalent to 44,937 ounces. ETF Securities has seen a 33% increase in gold holdings over the past 3 months to all time highs, bringing gold assets to $7.0 billion (7.03mn ounces), the largest gold ETC/ETF holdings in Europe, and the second largest in the world, according to a weekly review by ETF Securities Ltd..... Full Article: Source
Print