Reported 2 months ago
Investors pulled more than $800 million from commodity exchange-traded funds (ETFs) last week, marking the largest outflow since December 2022. This decline in investment comes amid worries about the economic health of the U.S. and China, leading to a drop in commodity prices. The Bloomberg Commodity Spot Index reported a 1% decrease for the year, influenced by weak job data in the U.S. and growth concerns in China.
Source: YAHOO