The Traderszone Network

Published in TZ Latest News 8 October, 2014 by The TZ Newswire Staff

Commodity ETPs Nosedive in Q3; Gold Leads Outflow

Assets in global commodity exchange traded products (ETPs) plunged 10% to $110.7 billion in the third quarter. The drop reversed two previous quarters of inflow, which seemed to indicate that the asset class was moving back into favor. Total commodity ETP assets tumbled to $122.1 billion at the end of 2013, which saw outflow in each quarter. Almost all the recent quarterly losses came from falling commodity prices.

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