me-metals: Global physically-backed gold exchange-traded funds ( ETFs ) saw inflows for the sixth straight month in October, with year-to-date flows turning positive for the first time this year, the World Gold Council (WGC) said on Thursday.
News ID: 11442 Publish Date : 2024/11/08
me-metals: The gold miners’ stocks just achieved a rare secular breakout. This huge technical milestone fueled by record gold levels reflects sector sentiment growing more bullish. That is pushing gold stocks closer to the crucial psychological tipping point where more-mainstream traders increasingly chase their strong gains. Multi-year highs generate broader interest, attracting more capital inflows accelerating gold-stock upside.
News ID: 11414 Publish Date : 2024/10/28
After four straight months of inflows, holdings in global gold-backed ETFs and similar products fell in February by 33 tonnes to 2,479t, equivalent to $1.3 billion in outflows, and gold trading volumes decreased 5% below the 2018 averages to $104 billion per day, according to data from the World Gold Council (WGC).
News ID: 4038 Publish Date : 2019/03/15