Gold Keeps its Shine for Investors
Gold advanced as holdings in exchange-traded funds backed by the metal climbed for a 14th straight day, reaching the highest in more than two years. ETF holdings rose 7.6 metric tons to 1,822.35 tons on Friday, the highest since December 2013, data compiled by Bloomberg show. The buying streak is the longest since March 7. Bullion futures extended gains after an index of manufacturing in the New York region unexpectedly contracted, boosting the metal’s appeal as a haven. London & Capital Investment Director Ashok Shah discusses with "On the Move" hosts Matt Miller in Berlin and Guy Johnson in London.
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