Global gold ETF flow subdued in June at 2.9 tonne
Global gold ETF flow subdued in June at 2.9 tonne
Last Updated: Fri, Jul 9th, 2021, 11:55:34hrs
New Delhi: Flows into global gold ETFs were mostly flat in June, with slight inflows of 2.9 tonne, worth $191 million.
A report by World Gold Council (WGC) said that inflows into North American and Asian funds were primarily offset by outflows from European funds. Overall, the positive flows came in spite of significant gold price weakness in the latter half of the month on the heels of a relatively hawkish Federal Reserve (Fed) outlook, suggesting that investors may have taken advantage of the lower price level to gain long gold exposure, it said.
Global gold ETF flow subdued in June at 2 9 tonne
prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.
Flows into global gold ETFs were mostly flat in June at 2 9 tonne
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
Precious Metals Monthly Update
etftrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etftrends.com Daily Mail and Mail on Sunday newspapers.
Gold s Place in the COVID-19 Recovery
etftrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etftrends.com Daily Mail and Mail on Sunday newspapers.