Loading ...Gold price: 2020 ETF inflows set new record
Despite gold prices being subdued by a strengthening dollar and the shift in investor attention towards riskier assets, global holdings in gold-backed exchange-traded funds (ETFs) and similar products remains high.
According to the latest report from the World Gold Council (WGC), total ETF holdings worldwide rose for the tenth consecutive month in September, surpassing the 1,000-tonne mark for the first time ever in a calendar year.