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Gold ETFs See Holdings Reach All Time Record Highs In September


◆ Global gold ETF holdings reach all time record highs, increasing by 13.4% so far in 2019 on hedging and safe haven demand

◆ Global gold ETFs, ETCs and similar products had US$3.9bn of net inflows across all regions, increasing their collective gold holdings by 75.2 tonnes(t) to 2,808t, the highest levels of all time in September

◆ Gold ETF holdings have surpassed late 2012 levels, at which time the gold price was near US$1,700/oz, 18% higher than current levels.

◆ There has been a surge in demand in Europe and the gold-backed ETF landscape is vastly different than in 2012 when two-thirds of global holdings were concentrated in North America.

Today, European-listed gold ETF funds make up 44% of global holdings (U.S. at 52% and the remainder coming from funds listed in Asia and other regions.)

◆ See latest report from World Gold Council here 

Gold-backed ETFs holdings, 2004-2018

Gold-backed ETFs holdings, 2004-2018

- Click to enlarge

Focus On Gold’s Safe Haven Value, Not Gold $16,000 and Silver $700 Prices !


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Mark O'Byrne
I founded GoldCore more than 10 years ago and it has been my passion and a huge part of my life ever since. I strongly believe that due to the significant macroeconomic and geopolitical risks of today, saving and investing a portion of one’s wealth in gold bullion is both wise and prudent.
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