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Gold ETF Assets Climb To Highest Since 2013

Ted

Ted

January 2018 in The Bullpen

FYI: Investors are piling into exchange-traded funds backed by gold, pushing assets to the highest in more than four years.

Holdings climbed to 2,250 tons on Monday, the highest since May 2013, according to data compiled by Bloomberg. The rise in ETFs comes after the metal’s best year since 2010 and as bulls are bolstered by a weakening dollar.
Regards,
Ted
https://www.bloomberg.com/news/articles/2018-01-23/gold-etf-assets-climb-to-highest-since-2013-as-dollar-slumps?srnd=etfcenter

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