Warning: fread(): Length parameter must be greater than 0 in /home/jnico/public_html/system/library/cache/file.php on line 32Warning: fread(): Length parameter must be greater than 0 in /home/jnico/public_html/system/library/cache/file.php on line 32 Volatility drove gold ETF all-time highs

Volatility drove gold ETF all-time highs

February Highlights:

Global gold-backed ETFs (gold ETFs) and similar products added 84.5 tonnes(t), or net inflows of US$4.9bn, across all regions in February, boosting holdings to new all-time highs of 3,033t.1 Combined with a gold price increase of nearly 2%, assets under management (AUM) grew 4.4% in US dollars during the month, breaching the previous September 2012 record high.

 

At that time, the gold price was 10% higher than current levels, highlighting two interesting trends: 1) the global growth in gold ETFs outside of the US; and 2) that US investors have not yet increased their gold allocations as much as they did in 2012.

 


  • Volatility drove gold ETF all-time highs
Warning: Unknown: write failed: Disk quota exceeded (122) in Unknown on line 0Warning: Unknown: Failed to write session data (files). Please verify that the current setting of session.save_path is correct (/var/cpanel/php/sessions/ea-php73) in Unknown on line 0