First-half gold ETF flows remained positive – World Gold Council
Industry body the World Gold Council reports that global investors have continued to reduce their exposure to physically backed gold exchange-traded funds (ETFs) in June, but inflows for the first half of the year remained positive.
Gold ETFs could see fresh outflows on rising bets on Fed monetary tightening
Bullion-backed exchange-traded funds (ETFs) could face renewed outflows if investors continue to increase their bets on interest rate hikes, analysts say — a factor that could pull already falling gold prices lower.
Datvest ETF records strong growth
The ETF recorded an inflation-adjusted net asset value of ZWG9.4 million, up from ZWG7.26 million prior year.