Reuters, in its January 9, 2014 article, reports that Record outflows from commodity ETPs in 2013 as investors dump gold.
Extract :
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LONDON, Jan 9 (Reuters) -
Commodity exchange traded products (ETPs) suffered their worst
year on record in 2013 as
investors dumped their gold holdings and joined the equity rally, data
from BlackRock showed.
A whopping $42.9 billion
was withdrawn from commodity ETPs in 2013, with gold ETPs
accounting for $40 billion
of those outflows, asset manager BlackRock said. The SPDR Gold ETP
lost $25 billion, the
single biggest ETP outflow in 2013.
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Read the rest of the article at
Reuters
