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MarketWatch: Gold Loses Over 1%; ETF Outflows Still Hurt

LONDON, 7 May 2013 - Ben Traynor, chief economist at BullionVault, is quoted today in the latest gold-market report from MarketWatch, the financial news site from the Dow Jones family of companies.

"There's a lot of betting against gold going on," MarketWatch quotes Ben. "Professional money managers have built up a sizeable short position" - meaning bets that the price will fall.

You can read Ben's full comments at MarketWatch here:

Gold Loses Over 1%; ETF Outflows Still Hurt


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Source: 
MarketWatch