Home / Metal News / Precious Metals / Gold ETF Records Biggest Capital Flows in Over One Year
Gold ETF Records Biggest Capital Flows in Over One Year
Sep 7,2017 10:37CST
industry news
Source:SMM
SPRD Gold Trust, the world’s biggest gold exchange fund, attracted $1 billion of capital, the biggest since mid-2016.

SHANGHAI, Sept. 7 (SMM) – SPRD Gold Trust, the world’s biggest gold exchange fund, attracted $1 billion of capital, the biggest since mid-2016.

Standard Chartered Warns of Potential Corrections for Gold

Besides, CFTC data showed gold net long positions held by hedge fund have surged nearly eight folds from early July. 

WPIC: Global Platinum Deficit to Narrow Sharply in 2017

Capital flooded into gold market on anticipation that US economic situation may slow down rate hike pace and growing intensions in North Korea. 

The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
 

gold ETF

For queries, please contact Frank LIU at liuxiaolei@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

MOST POPULAR
data analysis
data analysis
data analysis
data analysis
data analysis