You are here

Investors flee to safe havens amid geopolitical tensions

Data shows new money going into gold and T-Bills
Saturday, April 15, 2017 - 05:50

BT_20170415_GOLD_2840927.jpg
US-based commodities precious metal funds, which consists of gold futures, posted inflows of US$295 million, their second consecutive week for the group.

New York

INVESTORS' risk aversion was evident this week as geopolitical tensions sent new money into safe-haven assets such as government Treasury bills as well as gold funds, Lipper data revealed on Thursday.

Taxable bond funds attracted US$1 billion in new cash to mark their

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom