Commodities & Resources

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Precious metals see inflows

Precious metals see inflows

ETF Securities writes that last week saw gold, platinum and silver ETPs with USD82 million in inflows in precious metals ETPs, led by gold (USD46.8 million), then silver (USD23.9 million), platinum (USD6.8 million) and the basket (USD4.1 million).

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ETF Securities reports largest weekly outflow from commodity ETPs for six months

ETF Securities reports largest weekly outflow from commodity ETPs for six months

In its weekly brief, ETF Securities writes that last week saw the largest weekly outflow from Diversified Commodity ETPs for six months at USD80 million. This was the largest weekly outflow in the sector since November 2016. The firm writes that rising inventory levels among individual commodities such as oil, iron ore and sugar have been a drag on prices this year.