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6 Gold-Backed ETFs To Consider For Your Portfolio

6 Gold-Backed ETFs To Consider For Your Portfolio
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Global gold ETF flow subdued in June at 2 9 tonne

Global gold ETF flow subdued in June at 2.9 tonne Global gold ETF flow subdued in June at 2.9 tonne Last Updated: Fri, Jul 9th, 2021, 11:55:34hrs New Delhi: Flows into global gold ETFs were mostly flat in June, with slight inflows of 2.9 tonne, worth $191 million. A report by World Gold Council (WGC) said that inflows into North American and Asian funds were primarily offset by outflows from European funds. Overall, the positive flows came in spite of significant gold price weakness in the latter half of the month on the heels of a relatively hawkish Federal Reserve (Fed) outlook, suggesting that investors may have taken advantage of the lower price level to gain long gold exposure, it said.

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