(Bloomberg) -- iShares Silver Holdings Jumped 45.3 Metric Tons Yesterday
Silver holdings in the iShares Silver Trust, the biggest exchange-traded fund backed by silver, rose 45.3 metric tons yesterday to 9,636.69 tons, according to figures on the company’s website.
(Bloomberg) -- ETF Securities Says Gold ETP Inflows Were Most in Five Weeks
ETF Securities Ltd. said inflows into its gold-backed exchange traded products was the most in five weeks last week.
(Bloomberg) -- Shanghai Futures Exchange Announces Silver Contract Draft Plan
The Shanghai Futures Exchange announced a draft plan for a silver contract, setting daily trading limits at 5 percent and margins at 7 percent, according to an e-mailed statement from the bourse.
Trading lot size was set at 15 kilograms, according to the statement. The draft plan was published to solicit public feedback, according to the statement, without saying when the contract would start trading.
(Bloomberg) -- Cash Gold, Futures in Shanghai Rebound from Yesterday’s Drop
Gold for December delivery on the Shanghai Futures Exchange opened 0.6 percent higher at 337.64 yuan a gram, rebounding from a 2 percent decline yesterday. Cash bullion of 99.99 percent purity on the Shanghai Gold Exchange climbed 0.8 percent to 338 yuan a gram at 9:01 a.m. Singapore time, after dropping 1.6 percent yesterday.