Gold SWOT: Gold-backed ETFs added the most assets in more than three years on Monday

From kitco.com

The best-performing precious metal for the week was silver, up 3.91%. on the back of gold’s lift this week as precious metals got a boost from rising trade tensions, helping to send gold to another all-time high this week along with a new upgrade in year-end forecasted price gains by Goldman. Gold-backed exchange-traded funds continued to see big inflows, adding the most in more than three years on Monday. ETFs added 23 tons of gold in the trading session closed on Monday, the biggest one-day increase since 2022, according to data collected by Bloomberg. Gold has solidified its position as a safe-haven asset, ... (full story)