Gold flowed into gold-backed exchange-traded funds in August, signalling robust demand for the yellow metal. According to the World Gold Council, gold-backed ETF holdings increase by 31.4 tons in August to 2,295 in total global gold holdings. Gold ETFs account for a significant part of the gold market. ETF holdings are on par with the foreign […]
Gold-Backed ETF Holdings Surge in August Signaling Strong Demand for Gold
from SchiffGold.com http://ift.tt/2j18rhg
