🌎 #Gold | Global holdings in bullion-backed #ETFs have never been bigger. The worldwide total expanded in Aug. and Sep. even as prices backtracked, and it hit a fresh record on Monday, according to preliminary data from Bloomberg. pic.twitter.com/Iouv3aHrjY
— Christophe Barraud🛢 (@C_Barraud) October 6, 2020
“Should the next round of U.S. fiscal stimulus be approved, that may lend upward pressure to the U.S. inflation outlook while encouraging gold bulls to return to the fore,” FXTM’s Tan said.