Investments are flowing back into gold exchange-traded products (ETPs) amid recent price declines, FundWeb reports. Gold ETPs saw an increase in inflows by $74 million last week, the highest in seven weeks.
The rise in inflows was not witnessed by all precious metals, as physically backed precious metals exchange traded commodities experienced outflows, according to ETF Securities research. Investors redeemed $35 million and $23.1 million from palladium and platinum, respectively.
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