Gold falls as investors go bearish in ETPs

Note: This section contains information in English only.
Source: Bloomberg
Gold declined on Monday as holdings in the fourteen largest gold-backed exchange-traded products dropped the most in 32 years falling by 32% to 1,813.7 metric tons this year, while last year ETP gold investments recorded $148 billion, the highest increase since 2001. Gold for immediate settlement traded at $1,234.6 an ounce as of 12:32 p.m. Singapore time, 36% less from September 2011.

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Mon, 16 Dec 2013 11:14:03 GMT

U.S. shares drop before Fed's policy meeting

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Mon, 16 Dec 2013 10:45:03 GMT

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