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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (61068)	6/24/2019 9:08:13 AM
From: Goose94	Read Replies (1) of 202883

Gold: Surging ETF Gold Holdings Help Boost Gold Price Exchange-traded-fund investors are moving back into gold, with Friday’s inflow the largest in close to three years, reports Commerzbank. “Gold is currently being bought by both ETF investors and speculative financial investors,” the bank said. “The gold ETFs tracked by Bloomberg registered an inflow of over 32 tonnes on Friday, which took place exclusively in the SPDR Gold Trust. This was the largest inflow in nearly three years. ETF holdings have thus been increased by 95 tonnes since the beginning of the month. The gold price has risen by $100 during this time.” Allen Sykora Kitco.com

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