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Reuters is reporting that July saw outflows from all major Gold exchange traded funds. Holdings of the six gold-backed etf funds that Reuters watches fell 3% in July from the previous month.
While this did not make major headlines, it illustrates the weakness in the metals sector. Yes, the dollar did fall to ten [...]

Posted on August 3rd, 2009 under Current. Tags: dollar lows, GLD, gld sales, gld selling, Gold etf, gold etf selling, gold highs. Comments: None