Subscribe

World’s top gold ETF sees holdings surge in bullish demand sign

SPDR Gold Shares reports biggest inflow since listing in 2004.

Gold just got a very bullish sign from investors who are returning to the precious metal in a big way as SPDR Gold Shares, the largest bullion-backed exchange-traded fund, on Friday recorded its biggest net inflow in dollar terms since listing in 2004 — worth $1.63 billion. Changes in ETF holdings

Subscribe or log in to read the rest of this content.

Related Topics: ,

Learn more about reprints and licensing for this article.

Recent Articles by Author

Tragedy at BofA as 25-year-old trader dies at industry event

The sudden fatality is the second young employee death at the banking giant in recent weeks, raising questions around culture of long, demanding hours.

BlackRock’s fixed-income CIO says rate cuts, not hikes, key to taming inflation

Federal Reserve’s hawkish policy on interest rates could be fueling the fire as well-heeled investors reap the benefits.

Nippon’s $3.8B stake in Corebridge could be just the start

Japanese life insurer says it wants more US asset manager, insurer.

Going for gold? Silver is shining brighter

Investors are considering the '2nd place' metal as a good bet.

Jefferies risk manager remembers red flags in Archegos trial

Failed Archegos CEO is on trial for alleged racketeering , fraud.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print