#GoldETFs recorded their tenth consecutive month of net inflows - World Gold Council

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Avatar for BarryDutton
4 years ago

Gold and Silver - among other precious metals will always be sound money in addition to certain types of cryptocurrency, in my opinion.

--during September:

Holdings increased by 68.1t (US$4.6bn) or 2.0% AUM.

Gold-backed ETFs and similar products account for a significant part of the gold market, with institutional and individual investors using them to implement many of their investment strategies.

Flows in ETFs often highlight short-term and long-term opinions and desires to holding gold.

The data on this page tracks gold held in physical form by open-ended ETFs and other products such as close-end funds, and mutual funds. Most funds included in this list are fully backed by physical gold.

That's a brief overview - thanks for stopping by -- source named below.

https://www.gold.org/goldhub/data/global-gold-backed-etf-holdings-and-flows?utm_source=twitter.com&utm_medium=cpc&utm_term=metal-focus-clicks&utm_content=promoted-card&utm_campaign=rwm-etf-flows-september-20

#gold #silver #markets $GOLD $Silver #Money #Finance #Economics #Metals #PreciousMetals

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4 years ago

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