“The 71.9 tonnes of inflows last month exceeded the inflow of 68.9 tonnes for all of 2018, as listed in the recent quarterly demand trends report from the World Gold Council. Global assets under management in the ETFs rose by 6% to $107 billion last month, the World Gold Council said Wednesday,” according to Kitco.
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Gold ETFs listed in North America and Europe were among the leaders in terms of holdings added last month, according to WGC data.
“North American-based ETFs posted inflows of 53 tonnes last month, while those in Europe rose by 20.2 tonnes,” notes Kitco.
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