Advertisement
Singapore markets close in 1 hour 55 minutes
  • Straits Times Index

    3,301.60
    -1.59 (-0.05%)
     
  • Nikkei

    38,835.10
    +599.03 (+1.57%)
     
  • Hang Seng

    18,470.58
    -107.72 (-0.58%)
     
  • FTSE 100

    8,213.49
    0.00 (0.00%)
     
  • Bitcoin USD

    63,645.37
    -606.56 (-0.94%)
     
  • CMC Crypto 200

    1,368.07
    +2.94 (+0.22%)
     
  • S&P 500

    5,180.74
    +52.95 (+1.03%)
     
  • Dow

    38,852.27
    +176.59 (+0.46%)
     
  • Nasdaq

    16,349.25
    +192.92 (+1.19%)
     
  • Gold

    2,328.00
    -3.20 (-0.14%)
     
  • Crude Oil

    78.59
    +0.11 (+0.14%)
     
  • 10-Yr Bond

    4.4890
    -0.0110 (-0.24%)
     
  • FTSE Bursa Malaysia

    1,608.47
    +11.08 (+0.69%)
     
  • Jakarta Composite Index

    7,128.18
    -7.71 (-0.11%)
     
  • PSE Index

    6,618.58
    -33.91 (-0.51%)
     

Anxious Investors Pile into Gold ETFs

Anxious Investors Pile into Gold ETFs

Gold ETF investors bought 173.4 tons of gold in 2017, 9% higher year-over-year (or YoY). In 2018 year-to-date (or YTD), the inflows in gold-backed ETFs have been strong. As of April 13, ETF holdings totaled 2,186 tons, which is 5.2% higher YoY.