FYI: Gold-backed exchange-traded funds (ETFs) registered increased inflows to both North American and European funds during October, as tumultuous equity markets triggered flight-to-quality buying, the World Gold Council said on Tuesday.
North American funds had inflows of $561 million while European funds posted inflows of $678 million last month, according to figures provided by the Council. It was the first monthly inflow in four months for global gold-backed ETFs, as the price of gold rose 2.3 percent.
Regards,
Ted
https://www.reuters.com/article/gold-etfs/october-inflows-to-gold-backed-etfs-up-as-investors-hedged-risk-wgc-idUSL2N1XG1JT
