Total sales - I think - of physical gold ETFs on the London Stock Exchange today were worth £40.6 million while total purchases came to £24.6 million = net sales of £16 million.
Tuesday, 6 March 2012
It may not compare to the 31 tonnes of gold futures sold on 29 February after Ben Bernanke's speech - but this morning someone sold an £8m lump of PHAU shares on the London Stock Exchange.
On Monday morning I bought 10 gold shares - the ETF Securities Physical Gold exchange traded fund shares with the London Stock Exchange symbol of PHAU. (LSE shows there were two £8m PHAU sales today at around 9.44am)