By Commodities Now (Guest Post)
According to a June 2011 survey by ETF Securities, 90% of European investors have increased their holdings in precious metals over the past five years – this has mostly been driven by concerns on sovereign debt and inflation. Two-thirds of investors expect the price of gold to increase over the next 12 months and over half expect the price of copper to increase over the same period. These are the results of ETF Securities’ (ETFS) pan-European client survey* , focusing on metals. Key findings of the ETFS client survey include: The majority of investors expect to…
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