FYI: Global uncertainty since late last year has spurred a renewed appetite for gold ETFs and gold-backed ETFs among investors looking for a safe-haven asset.
After a rather lackluster 2018, gold-backed ETFs saw net inflows in Q4, according to the World Gold Council. December and January brought in over $3 billion per month, while February resulted in a $1.3 billion outflow. Year-to-date flows remain positive.
Regards,
Ted
https://www.investors.com/etfs-and-funds/etfs/ways-to-play-gold-global-uncertainty-spurs-rally/