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17/02/09 Gold and Oil ETC Holdings Hit All Time Highs

A few comments to note from the performance tables…

ETC Flow and Return Highlight

  • The gold holdings of ETF Securities physically-backed gold ETCs rose to a new all time high of 7.0mn ounces last week, with ETFS Physical Gold (PHAU) and Gold Bullion Securities (GBS) seeing the largest inflows. ETFS Physical Silver holdings (PHAG) are also near all-time highs.

  • Flows into long oil ETCs rose by $183mn last week, bringing total inflows since the beginning of November to $1.1bn, more than any other commodity – including gold. The biggest flows are going into ETFS Crude Oil (CRUD), ETFS Brent (OILB) and ETFS WTI (OILW).

  • There has also been a surge in demand for palladium and platinum, with ETFS Physical Palladium (PHPD) seeing a 28% rise last week to 235,000 ounces. Platinum also very strong inflows, with ETFS Physical Platinum (PHPT) holdings rising by 9% to 208,163 ounces.

  • ETFS Agriculture (AIGA) trading volumes rose to a new high, trading more than $60mn last week. So far this year agriculture ETCs have seen inflows of $120mn.

Source:ETFWorld.co.uk – ETFSecurities ltd


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