Wednesday, November 30, 2016

Gold fund withdrawals spike as post-U.S. election trades wane-ICI

By Trevor Hunnicutt

NEW YORK, Nov 30 (Reuters) - The post-election enthusiasm

for U.S. stock funds is waning, while a strong dollar helped

push commodity funds to their largest withdrawals in more than

three years, Investment Company Institute data showed on

Wednesday.

Investors pulled $1.6 billion from U.S.-based commodity

funds during the six days through Nov. 22, according to ICI,

which combined with the prior week's result to mark the worst

showing since 2013. The category includes f

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