Bloomberg News

ETF Securities Gold ETPs Had $71 Million Inflows Last Week

July 09, 2012

ETF Securities Ltd.’s gold-backed exchange-traded products had $71 million of inflows last week, the company said in a report e-mailed today.

“The renewed commitment of central banks around the world to monetary easing reawakened investor fears of currency debasement, driving inflows into gold,” the company said.

To contact the editor responsible for this story: Nicholas Larkin at nlarkin1@bloomberg.net


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