what's new? News and events
Billion-dollar monthly boost in exchange-traded fund gold holdings offer ray of hope for downbeat metalNov 27, 2018 09:22
Exchange-traded funds backed by gold increased their holdings by $1 billion in October, marking a possibly bullish shift in investor sentiment toward the precious metal.
Investors are once again turning to gold as a defensive asset, offering some protection against the unexpected, whether these tail risks are macroeconomic or geopolitical in nature. Other reasons for holding gold include portfolio diversification, liquidity, relatively low volatility, and improved risk-adjusted returns.