Gold ETF holdings hit record high after eight-day buying streak
Global gold-backed ETFs extended their buying streak to eight consecutive days in August, with $18 billion in inflows pushing total holdings to a new all-time high.
Gold Market
Tagged: etf inflows
Gold rallies 15% in August as ETF inflows and central bank buying boost bullion
Gold has rallied 15% in August, supported by renewed ETF inflows, strong central bank buying, US rate expectations, Treasury buybacks and a weaker dollar.
Gold briefly breaches $4,400 as ETF inflows offset oil price risks
Gold briefly climbed above $4,400 per troy ounce on Tuesday, bolstered by weak US employment figures and strong ETF inflows, before Commerzbank warned of headwinds from rising oil prices.