Commodity Trade Mantra

Posts Tagged ‘Blackrock’

Ugly-Stepchild To Beauty Queen - Gold ETF Holdings Surge To 18-Month Highs

Gold has “seen some exceptional flows after quite a few years of being the ugly redheaded stepchild, but it’s not moved into sort of beauty-queen territory,” notes one commodity strategist as hedge fund net-long positions are the highest since Feb 2015 and gold holdings in ETPs has soared to 18 month highs. Gold is now heading for a third straight monthly gain.

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