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Gold Is Rallying Again Thanks to Some Deep-Pocketed Buyers

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Gold Is Rallying Again Thanks to Some Deep-Pocketed Buyers ETFs are pouring money into bullion on the heels of central banks. This article is for subscribers only. Gold prices have come back to life in recent days, underpinned by a return of ETF buyers.

Gold Is Rallying Again Thanks to Some Deep-Pocketed Buyers ETFs are pouring money into bullion on the heels of central banks. This article is for subscribers only. Gold prices have come back to life in recent days, underpinned by a return of ETF buyers. Total bullion holdings in exchange-traded funds have increased by 24 tons since July 20, the fastest pace since early April. Central-bank purchases had already picked up, but the rebound only took hold once ETF inflows resumed.
Some Deep-Pocketed Buyers Gold (PERSON) Some Deep-Pocketed Buyers (PERSON) ETF (ORG)
Originally published by Bloomberg Markets Read original →