ETF Securities Precious Metals Outflows Were $234 Million
Dec. 05, 2011 11:09AM PST
Base Metals Investing Bloomberg reported that according to the ETF Securities Ltd., outflows from the precious metals exchange-traded commodities were $234 million last week.
Bloomberg reported that according to the ETF Securities Ltd., outflows from the precious metals exchange-traded commodities were $234 million last week.
As quoted in the market news:
The Standard & Poor’s GSCI Index of 24 raw materials jumped 3.5 percent last week, the most since mid-October, led by copper, zinc and aluminum. Copper, silver, heating oil and wheat had the most inflows last week for ETF Securities, according to the company’s report.