Commodities update: 09 Mar 16


20160308_gold1_0

Gold ETF Holdings Rise For 40 Consecutive Days

The last 40 days  up to 08/Mar/2016  total known holdings of Gold in ETFs rose.

This is the longest daily increase since inception of Gold ETFs. 

This is on the backdrop  of a recent equity market rally, reassurance about the awesomeness of the “jobs” recovery, and Fed confidence displayed in recent comments.

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