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Thursday, August 17, 2017

Commodity Alert: SPDR gold assets rise by 4 tn to 795 tn Wed

                        
Gold holdings with SPDR Gold Trust rose by 4.43 tn on Wednesday to 795.44 tn, data on the website of the world's largest gold exchange-traded fund showed. Assets were up in line with global prices, which rose due to a sharp
Weakness in the US dollar after the minutes of US Federal Reserve meeting in
July were released. The minutes showed that the members were divided over the near-term rate hike in the US. Assets with iShares silver were unchanged at 10,445.33 tn on Wednesday, according to data on the website of the world's largest silver exchange-traded fund. 



Source : Newswire









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