$1.6 billion, which marks the third consecutive weekly outflow totaling 3% of assets. Gold and silver focused mutual funds accounted for more than 50% of outflows this week.
In other asset classes, equity funds saw a sizable outflow, $7.3 billion, the largest in 45 weeks, while municipal bonds continued to see outflows, $215 million, which is the 27th consecutive negative weekly net flow. [Merrill Lynch]
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