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Barclays: Gold exchange-traded product holdings continue to slip
Lead poisoning rampant in India battery recycling
Indian scrap metal prices decline

Barclays: Gold exchange-traded product holdings continue to slip

By (ScrapMonster Author)
March 28, 2012 02:54:09 PM
Physical demand remains lackluster, and Barclays Capital says another important price-support is sagging.

LONDON (Scrap Monster): Physical demand remains lackluster, and Barclays Capital says another important price-support is sagging.

Exchange-traded product “holdings have started to trickle lower with metal held in trust falling by 2.1 (metric tons Tuesday),” they added.

“Outflows have reached 9 tons for the month to date and 12 tons shy of their peak,” the bank concluded.

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Paul Ploumis

Paul Ploumis
(ScrapMonster Author)

Paul Ploumis is the Scrap Monster Founder and CEO.  With years of experience in the Scrap and Recycling industry, he
Scrap Metal Prices
ItemPriceUnit
6061 Extrusions0.55$US / Lb
Zorba 90% NF0.51$US / Lb
Old Sheet0.47$US / Lb
6063 Extrusions0.59$US / Lb
Alternator0.36$US / Lb
#1 Copper Wire and Tubing1.95$US / Lb
N
Non-Ferrous Metal Recycling
F
Multi-Material Collection
Orange
N
Finish Metal Companies
Birmingham
P
New Equipment
Delhi