نشر
Ghost Writer
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هابطBREAKING: Physical gold backed ETFs just recorded six consecutive weeks of inflows.
Investors added $10 billion during this period, equivalent to 72.2 tonnes of physical gold.
Last week alone it attracted $3.5 billion, the strongest weekly inflow since February.
This comes as expectations of a September rate hike have fallen, lowering the return on cash and bonds.
Europe led the inflows, followed by North America.
Total holdings have now reached 4,114 tonnes, less than 2% below their all-time high.
#gold #XAU
Investors added $10 billion during this period, equivalent to 72.2 tonnes of physical gold.
Last week alone it attracted $3.5 billion, the strongest weekly inflow since February.
This comes as expectations of a September rate hike have fallen, lowering the return on cash and bonds.
Europe led the inflows, followed by North America.
Total holdings have now reached 4,114 tonnes, less than 2% below their all-time high.
#gold #XAU
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