SHANGHAI, Sept. 7 (SMM) – SPRD Gold Trust, the world’s biggest gold exchange fund, attracted $1 billion of capital, the biggest since mid-2016.
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Besides, CFTC data showed gold net long positions held by hedge fund have surged nearly eight folds from early July.
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Capital flooded into gold market on anticipation that US economic situation may slow down rate hike pace and growing intensions in North Korea.
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