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. Global gold ETFs in assets under management (AUM) reached $526-billion at the end of June, with a 6% fall in the first half of the year, mainly owing to a lower gold price.
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. Global gold ETFs in assets under management (AUM) reached $526-billion at the end of June, with a 6% fall in the first half of the year, mainly owing to a lower gold price.
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