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Outflows for gold ETPs despite high equity market volatility

Investment Europe | June 13, 2012 | 1:45 pm Precious Metals Gold 

During May 2012 the price of gold dropped over 6% and investors withdrew over €1 billion from gold ETPs. Gold exchange-traded products (ETPs) have seen large outflows in both the US and Europe – an unusual occurrence in an environment of increased equity…

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