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FundWeb reports that gold exchange traded products (ETPs) have experienced the third consecutive week of inflows.
FundWeb reports that gold exchange traded products (ETPs) have experienced the third consecutive week of inflows.
The market news is quoted as saying,
Outflows of $6.3m, $6.3m and $19.2m were recorded for palladium, copper and platinum ETFs respectively. This decline in investor appetite for industrial metals reflects disappointing economic growth in developed economies and represents the first weekly outflows from this sector in five weeks at -$8.3m.
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| Commodities | |||
|---|---|---|---|
| Gold | 2390.86 | +0.85 | |
| Silver | 28.67 | +0.01 | |
| Copper | 4.52 | +0.05 | |
| Oil | 83.24 | +0.51 | |
| Heating Oil | 2.55 | +0.01 | |
| Natural Gas | 1.76 | 0.00 | |
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