Interest rate upswing cause gold ETFs downslide
Money worth 53 tonnes ($3.1 billion) flew out of global gold ETFs in the month of May, ending the four-month run of positive inflows.
Money worth 53 tonnes ($3.1 billion) flew out of global gold ETFs in the month of May, ending the four-month run of positive inflows.
Rise in gold ETF folios in last two years and over half of all sovereign gold bonds issuance in last 21 months highlights rising popularity of digital gold.