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Commodities Buzz: Global Gold ETF holdings rise for four months in row
05-Sep-2024 17:59
World Gold Council or WGC stated that global gold ETFs added US$2.1 billion or bn in August, extending their inflow streak to four months. All regions recorded positive flows with North American (+US$1.4bn) and European (+US$362mn) funds leading the way. Strength in the gold price and recent inflows have increased global AUM by 20% y-t-d, to another month-end peak of US$257bn.

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