-
Physical gold ETFs see first net inflows in 12 months in May - World Gold Council
Volatility is picking up in the gold market as prices saw their sharpest decline in two years last week; however, the precious metal also showed strength as it attracted new investors last month. In its monthly analysis of gold-backed exchange-traded funds released Thursday, the World Gold Council (WGC) announced that global flows turned net positive in May, ending 12 consecutive months of outflows. However, investment demand still has a big hole to dig itself out of. “With improved gold ETF demand in May, collective holdings rebounded to 3,088t, but remaining -8.2% below the 2023 average,” the analysts said in ... (full story)
- Comments
- Subscribe
-
- Older Stories
From zerohedge.com|Jun 10, 2024US stocks shrugged off early weakness driven by the right-regime-shift in European elections, treading water on Monday, at least on the surface, following Friday's strong Payrolls ...
From youtube.com/realvisionfinance|Jun 10, 2024Macro Mondays is back with all new charts and analysis... Andreas Steno Larsen is back to break down all the latest news, narratives, and market developments in this week’s ...
From axios.com|Jun 10, 2024Wednesday afternoon, the fate of global financial markets will hang on an array of dots that give clues into how much rate-cutting the Federal Reserve will deliver this year. But ...
-
- Newer Stories
From think.ing.com|Jun 10, 2024The results of Europe's parliamentary elections have assumed national significance in France, with President Macron announcing the dissolution of parliament and calling for new ...
From youtube.com/cmegroup|Jun 10, 2024What caused silver to rebound from Friday's 3.5 week low? Dan Deming explains.
From schwab.com|Jun 10, 2024Certain segments of the economy and stock market have experienced much stronger recoveries this year, underscoring a severe bifurcation between the "haves" and "have nots." Before ...
- Story Stats
- Posted: Jun 10, 2024 4:59pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 228
