PRECIOUS METALS
Add the flap over US immigration policy to investor concerns that are reigniting demand for precious metals as havens. Long-only exchange-traded funds backed by precious metals have attracted about $200-million this month, on course for the first monthly inflow since October, data compiled by Bloomberg Intelligence showed. Almost $1.6-billion poured into the ten precious-metals ETFs that have attracted the most money in January, with Frankfurt-listed Xetra-Gold ETF drawing in more than any other commodity ETF.
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