BlackRock’s Gold ETF Holdings Climb to a Record High

(Bloomberg) — Signs of increasing investor appetite for gold just keep piling up.

On Tuesday, investors poured the most money into BlackRock’s iShares Gold Trust since April 2011, taking the exchange-traded fund’s bullion holdings to the highest ever. Assets in long-only ETFs linked to the precious metal totaled $111 billion this month, the most in more than six years, according to data compiled by Bloomberg Intelligence.

We are primarily funded by readers. Please subscribe and donate to support us!

finance.yahoo.com/news/blackrock-gold-etf-holdings-climb-161540609.html

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.