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SWOT Analysis: Inflows Into Gold ETFs Are Gaining Momentum

From kitco.com

The best performing metal this week was silver, up 3.06 percent, partly on the stronger gold price and on the news that the world’s third largest refinery was forced to halt production due to a failed blast furnace. The yellow metal was on fire this week and is heading for its best week in a year. The weekly Bloomberg survey showed that most gold traders and analysts are bullish going into next week as gold rose near the highest level in three months. Investors took note of the rally as assets in the largest bullion-backed ETF rose 2.2 percent on Monday – the equivalent of 16.44 metric tons. Much of the gold price ... (full story)

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  • Category: Fundamental Analysis