[miningmx.com] – INVESTORS reduced their holdings in gold-backed exchange traded products (ETPs) for an unprecedented 17th consecutive week providing evidence that the bears had returned to the market, Bloomberg News said.
Investors sold 497.2 tons valued at about $22bn through ETPs since February 8, and the 2,117.96 tons left is the least they have held since March 2011, said Bloomberg News.
Click here to read the full article
