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Home / Capital / Gold

Investors stampede into gold as top ETF swells most since 2016

Gold

Investors stampede into gold as top ETF swells most since 2016

Bloomberg Published on Tue, Jun 04, 2019 / 2:46 PM GMT+8

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SINGAPORE (June 4): The biggest bullion-backed exchange-traded fund (ETF) is suddenly getting a lot of love. Holdings in SPDR Gold Shares surged by the most in almost three years as the US-China trade war, signs of a slowdown, and speculation the Federal Reserve will cut rates combined to fan demand.

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