Gold ETFs Just Had Their Second-Biggest Inflow Ever at $18 Billion
Gold ETFs had a very big August.Global funds tracking the precious metal pulled in $18 billion last month, making it the second-largest monthly inflow on record. At the same time, total holdings climbed to an all-time high of 4,189 tonnes.The figures, published by the World Gold Council this week, show just how quickly investor interest returned. Assets under management rose 16% from July to $615 billion, helped by both fresh capital and a higher gold price.The comeback was especially pronounced
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