ETF Securities Precious Metals Outflows Were $234 Million

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.

Click here to read the full Bloomberg report.

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