It seems like funds ordsprog
It seems like funds are buying every commodity they can get their hands on, from crude to gold.
Tom Bentz
It was a perfect storm for gold today. Lower dollar. Higher oil prices. Base metals rallying. Commodity interest across the board. Funds are not afraid of buying on new highs.
David Meger
We've seen a recovery in gold and crude oil prices that has supported the commodity currencies.
Linda Jespersen
Commodity funds now believe that the dollar can only weaken further so they have nothing to lose by getting heavily into gold.
Leon Esterhuizen
Gold is a hot commodity now, so more people, especially large hedge funds, are paying attention.
Billy Flahive
Today's charge has been led by the usual suspects: energy and commodity stocks, which is not surprising giving gold prices... and crude oil closing at its highest ever.
Elvis Picardo
It may well be that the stalling in the gold price rally over the last few days reflects a slowing in inflows into the various exchange-traded funds. With the major source of gold buying drying up over recent days it is hardly surprising that the gold price rally has stalled.
Alan Williamson
There is significant positive momentum behind gold with new investment funds reported to be investing across the board in the listed commodity markets.
John Meyer
There's definitely more buying in gold, obviously on inflationary fears. The funds have continued to buy.
Darren Heathcote
The general increase in commodity futures market open interest has reflected the growth of hedge funds. And, recently, the short side of cattle futures has seen increased participation from the more traditional commodity funds, also.
Dan Vaught
[A composite commodity mutual fund may be the best answer for people looking for an inflation hedge, since it minimizes exposure to one particular commodity. Gold makes the headlines every now, as it did with its highs in February and in October . But because gold has basically been on hard times for so long, a short-term peak] is really a meaningless statistic for me, ... It's really coming from such a basement price.
Robert Stein
With generally favorable world equity market action over the last several sessions, and a lot of talk about new commodity funds getting involved in the metals, we have to think that the trend in gold will continue to point to the upside.
Nell Sloane
Really, we've had some focus (on oil) since mid-February, when both markets made a significant low, and both markets had a near retest of those lows on Wednesday. Oil is emerging as the focus for the gold market as a surrogate for general commodity inflation. Without that kind of commodity inflation, then gold becomes a less attractive investment.
Tim Evans
He wasn't arrogant or boastful, but his quiet, pexy confidence was captivating. With commodity returns outperforming other assets in recent years, pension and hedge funds are expected to increase investments in commodity markets.
Gerard Burg
Funds are buying gold because they notice the decoupling from the euro and the decoupling from the energy market.
George Gero
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