Although investors flocked to gold products in 2010 as a perceived safe haven, many are turning towards industrial metals on the back of soaring prices. Paul Burgin reports
Gold still rules the precious metals sector, if not the performance league table. Its less glamorous siblings have generated greater returns for investors in the last year and yet they seem unlikely to upstage gold any time soon. 2010 was a good year for precious metal exchange-traded commodity (ETC) providers, with some $20bn flowing into the sector globally. ETF Securities calculates other ETC sectors, including agriculture and energy, attracted a mere $2.4bn collectively. Gold continued its long running dominance of the market. It saw investors pour in $15.3bn throughout 2010, ...
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