Wednesday, July 13, 2016

Gold ETFs Reach Record High, 
Outpacing Official Sector 
Global gold exchange traded funds (ETFs) holdings have increased by more than 500 tonnes since January, reaching a high of over 2,000 tonnes for the first time in three years, according to a report on Monday. ‘Investor gold demand has been prompted by slow global growth, negative interest rates in Europe and Japan, and the unlikelihood of the Federal Reserve raising rates in the near future,’ says Frank Holmes*, chief executive officer of U.S. Global Investors .. 3 minutes

1 comment:

Anonymous said...

Rob Kirby-Silver is Kryptonite to Central Bankers