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Gold-Linked Exchange-Traded Products Are Growing in Popularity With Investors...

Gold ETF Holdings Surge… But Do They Actually Hold Gold?



In October, according to the World Gold Council, gold ETFs attracted $1.9 billion in net inflows to reach a new record high total gold holding of 2,900 tonnes – at least on paper.

There is good reason to be skeptical of whether all these “gold” vehicles actually hold physical metal sufficient to back their market capitalizations on a 1:1 basis. Some of them very well might; others almost certainly don’t.


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from Precious Metals News
Gold-Linked Exchange-Traded Products Are Growing in Popularity With Investors... Gold-Linked Exchange-Traded Products Are Growing in Popularity With Investors... Reviewed by Unknown on 10:39 Rating: 5

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