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ETF Securities: Inflows into gold ETCs totalled $166m last week

ETF Securities announces second largest weekly net inflows into its gold ETCs since August 2010

ETF Securities Tuesday said net inflows into its gold exchange-traded commodities totalled $166m last week, the second largest weekly total since August last year.

The London-based provider attributed the jump in demand for gold products to deteriorating sovereign debt conditions in Europe and the US, and weak growth data.

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