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Inflows into precious metals ETFs roaring back

Mineweb | July 27, 2011 | 12:05 pm Precious Metals Europe Gold Silver 

While commodities ETFs – led by precious metals funds like the SPDR Gold Trust (GLD) and the iShares Silver Trust (SLV) – are hot, currency ETFs are even hotter.

Flows into 38 U.S.-listed currency ETFs this year stood at $2.2 billion through last week, according to a new review of fund flows by ConvergEx Group.

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