Author: 28 Mar 2012 Last updated at 14:54:09 GMT

Barclays: Gold exchange-traded product holdings continue to slip

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.

METAL PRICE CHARTS

GET PRICE CHARTS

14ct Gold Scrap Price Charts

22ct Gold Scrap Price Charts

18ct Gold Scrap Price Charts

RELATED NEWS

Scrap metal theft in Salina totals more than $22,000

May 22nd 2015 03:24 PM
Scrap metal theft in Salina totals more than $22,000
More than $22,000 in scrap metal was stolen in Salina, according to Crimestoppers

China Henan Discovers Rare Earth for the First Time

May 22nd 2015 03:13 AM
China Henan Discovers Rare Earth for the First Time
Henan's geological bureau has discovered over 100,000 tonnes of rare earth in Taiping Town

China Jiangxi Cracks Down on Illegal Rare Earth Smelting, Sales

May 22nd 2015 03:02 AM
China Jiangxi Cracks Down on Illegal Rare Earth Smelting, Sales
China's Ministry of Industry & Information Technology (MIIT) cracked down

US H1 scrap average prices held steady for fifth week in a row

May 21st 2015 08:37 AM
US H1 scrap average prices held steady for fifth week in a row
The US H1 scrap price average prices were at $234.83 per long ton, as on 18th May, 2015
Scrap Item Price Unit
6063 Extrusions 0.78 $US / Lb
Zorba 90% NF 0.63 $US / Lb
6061 Extrusions 0.71 $US / Lb
Old Sheet 0.55 $US / Lb
Al/Cu Radiators 1.31 $US / Lb
Old Cast 0.55 $US / Lb
Next Story