Gold ETC issuers in Europe âcould learnâ from US peers
Europe's largest gold ETC has seen outflows of $800m since the start of the year
By
Jamie Gordon,
12 May 2021
Gold exchange-traded commodities (ETCs) boomed in 2020 thanks to macro-economic uncertainty and reduced opportunity costs, however, future success will be influenced by how closely European gold ETCs continue adopting the characteristics of their US counterparts, according to a report by Cerulli Associates.
When gold ETCs were introduced 18 years ago, North American products dominated the market. In contrast, the past two years have seen European gold ETCs claim the spotlight with the continentâs gold funds claiming 43% of global market share by the end of February 2021.