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Investors Rush Into Gold
By Ranjeetha Pakiam Bloomberg News Monday, September 2, 2019
Investors are going for gold in a big way. Inflows into bullion-backed exchange-traded funds topped 100 tons in August to hit the highest since February 2013 as the trade war worsened, risk assets took a knock, and central banks signaled looser monetary policy.
Holdings rose 101.9 tons, bringing total known assets to 2,453.4 tons as of Friday, according to data compiled by Bloomberg. It was the third straight monthly increase after the addition of a combined 154.1 tons in June and July.
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https://www.bloomberg.com/news/articles/2019-...-surge-more-... * * *
