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POSTED ON September 7, 2018  - POSTED IN Key Gold Headlines

Gold flowed into European and Asian ETFs last month, but outflows from North American funds pushed total global holdings lower.

Funds listed in China drove Asian ETF stocks of the yellow metal up last month. Asian ETFs added 2 tons of gold in August as investors hedged trade risks and currency weakness. Asian funds have seen an impressive percentage increase in 2018, growing by 9.1% year-to-date, according to data released by the World Gold Council.

POSTED ON July 9, 2018  - POSTED IN Key Gold Headlines

European gold-back ETFs continued to add yellow metal in June, but globally, total holdings fell for the first time in nearly a year as gold flowed out of North American and Asian funds.

Global gold-backed ETF holdings fell by 49.3 tons to 2,434 tons in June, according to the latest data released by the World Gold Council. It was the first month of net outflows since July 2017.

Even with the sharp June drop, total ETF gold holdings globally remain up on the year by 63 tons.

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