SHANGHAI, Sept. 7 (SMM) – SPRD Gold Trust, the world’s biggest gold exchange fund, attracted $1 billion of capital, the biggest since mid-2016.
Besides, CFTC data showed gold net long positions held by hedge fund have surged nearly eight folds from early July.
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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