By: Frank Holmes
- The best performing metal this week was platinum, nearly flat but down 0.07 percent after rallying 2.60 percent on Friday. Swiss exports of gold rose 2.3 percent in June, reaching 117.6 tons, according to the Swiss Federal Customs Administration. The majority of those exports – 62 percent or 61.3 tons – went to China, while 21 percent or 18.9 tons went to India. Swiss imports of gold were down 5.3 percent to 173.6 tons. Furthermore, exchange-traded funds focused on commodities saw inflows during this past week, with precious metal ETFs leading the pack at $63.2 million of gains.
By: Frank Holmes
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