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Last Updated :May 26, 13:58 IST
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Commodity & ETFs
Updated 12:55:00 IST 10 May 2012

The weakening trend in gold prices is reflecting in gold ETFs as well with major US based ETFs moving downward from their 2012 highs. 

The demand for gold ETF is falling while serious gold bullion investors look for physical gold coins and gold bullion, says Michael Lombardi, leading contributor for financial newsletter Profit Confidential.

ETF/ETN net cash inflows totaled approximately $3.0 billion for the month of April 2012, bringing year-to-date net cash inflows to $58.9 billion.

Global exchange-traded-product holdings of all precious metals but palladium fell last month, said Barclays Capital in a daily commodity research note.

MCX COPPER MINI 29 June 2012 contract was trading at Rs 403.85 , up Rs. 5.25 . What's your view on it?
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