Global physically backed gold exchange traded funds (ETFs) have lost $6.7 billion in the first half of calendar year 2024 (H1 2024), suffering their worst first half in a calendar year since 2013, according to a recent note by the World Gold Council (WGC). The report stated that the total holdings of these ETFs have dropped by 120 tons (-3.9 per cent) to 3,105 tons during this period. Read more: https://lnkd.in/gcRW3aVN #Gold #GoldETF #ETFs #Goldexchange #Commodities
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This isn't the first time a government does something this stupid! Check this out: Between 1999 and 2002, the UK sold 395 tonnes of gold for about $3.5 billion at an average price of $275 per ounce. If they had held onto that gold until the first gold ETF was approved in 2004 and sold it then at around $430 per ounce, they could have made about $1.7 billion more. Considering the significant price increase in gold after the ETF approval—around 250%—the UK could have potentially gained around $8.5 billion if they had waited to sell at approximately $850 per ounce. #etf #gold #btc #germany #uk
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Akshaya Tritiya 2024: How to Invest in Digital Gold? Gold Mutual Funds, ETFs & Sovereign Gold Bonds Watch the full video: https://lnkd.in/gSTNfU5H Kalpesh Ashar #AkshayaTritiya #gold #digitalgold #goldmutualfunds
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Why Gold Still Shines in Modern Portfolios According to CBS News, gold remains a reliable asset, offering inflation protection and risk diversification, even in today’s fast-moving markets. Experts highlight its accessibility and consistent value as reasons to include it in any portfolio. From physical gold to ETFs, there are various options to suit individual preferences and goals. With G-Coin®, investing in gold is easy and accessible—backed by real gold but as convenient as any digital asset Source: https://ow.ly/zwBL50TVPXA #Gold #Investment #Tokenization **We do not guarantee the accuracy of third-party content.**
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Gold ETF inflows skyrocket in July as North American funds join the party to drive global growth – World Gold Council In their latest #Gold #ETF Flows report for July, analysts at the World Gold Council reported that global gold-backed exchange-traded funds (ETFs) saw their third consecutive month of inflows, adding $3.7 billion in bullion investment during the month. And while the numbers were very strong, the biggest surprise was the region that drove the growth. “Notably, all regions reported positive flows this month with Western gold ETFs contributing the most,” the WGC wrote. “A combination of the July inflow and a 4% rise in the gold price pushed total global assets under management (AUM) 6% higher to US$246bn, a new month-end record. Collective holdings concluded July with a 48t increase, reaching 3,154t.” https://lnkd.in/ddVwh3-W #USA #preciousmetals #commodities
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While physical gold can be a strong investment, it comes with challenges such as the need for storage space and security measures, which add logistical complexities and extra costs. Gold ETFs, on the other hand, provide the same exposure to gold without the need to handle or store the physical metal. The SPDR® Gold Trust (SGX: O87) is the largest physically backed gold ETF in the world. SPDR® Gold Shares are listed on the NYSE and can also be traded on the SGX. By tracking the spot price of gold, the ETF allows investors to participate in the performance of gold, without the burden of owning physical gold bullion or gold coin. It’s a practical and efficient way to gain exposure to the spot price of gold. Read more: https://lnkd.in/gcnfsXhN #DollarsAndSense #Gold #Investing State Street Global Advisors SGX Group
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Physical gold and gold exchange-traded funds (ETFs) are excellent portfolio companions. While physical gold provides investors with ownership of tangible assets, gold ETFs offer exposure to the price of gold without the hassle of storage and security. Despite some seeing competition between the two, physical gold and gold ETFs are more cooperative and complementary than adversarial. Each provides different levels of exposure to gold and different types of gold investments. By utilizing both physical gold and gold ETFs, investors can diversify their portfolio and mitigate risk. So why choose one when you can have the benefits of both? #gold #diversification
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𝐇𝐨𝐰 𝐦𝐮𝐜𝐡 𝐫𝐞𝐭𝐮𝐫𝐧 𝐡𝐚𝐯𝐞 𝐠𝐨𝐥𝐝 𝐄𝐓𝐅𝐬 𝐠𝐢𝐯𝐞𝐧 𝐢𝐧 𝐭𝐡𝐞 𝐥𝐚𝐬𝐭 𝟏, 𝟑 𝐚𝐧𝐝 𝟓 𝐲𝐞𝐚𝐫𝐬? ✨ The average return given by gold exchange-traded funds (ETFs) in the last one, three and five years has been 29.12%, 16.93% and 13.59%, respectively. ✨ In comparison, physical gold gave an average return of 30.13%, 18.03% and 14.88% during the same period. The report further states that LIC MF Gold ETF gave the maximum return among other gold ETFs. #goldinvestments #gold #investment #buygold #goldbars #goldinvestment #goldseller #goldbar #goldbullion #sellgold #goldbuyer #goldcoins #preciousmetals #investingold #puregold #investing #bullion #finegold #bulliongold #goldinvest #goldmining #goldbullioncompany #goldinvestor #investments #goldtrader #physicalgold #financialfreedom #goldinvesting #karat #business #goldcurrency #goldmine #financial #gld #alternativeinvestments #financialindependence #money #bhfyp #multifamily #apartmentinvesting #multifamilyrealestate #investmentproperty #privateequity #financialservices #altinvestments #cardoncapital #financialnews #moneymanager #investmentreview #investmentplanning #alternativeinvestment #financialtimes #multifamilyinvesting #karatgold #goldprice #goldinvestors #coins #goldprices #goldminers #investmentstrategies
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SILVER FUNDS FOLIO COUNT Apr 2023 0.76 lk Sep 2024 4.24 lk SILVER FUNDS AUM Apr 2023 Rs 1,786 cr Sep 2024 Rs 10,840 cr INFLOWS SINCE APR 2023 Silver ETFs Rs 7,683 cr Gold ETFs Rs 10,588 cr Of course people hold gold in many other forms too (SGBs, physical etc) so this isn't at all to say the gold and silver investment inflows are similar but only that there is a growing interest in silver now. Data Source: MoneyControl, AMFI #MutualFunds #ETF #Silver #Gold
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🚀 HANetf joins us as new ETP issuer! 👉 Read the full news here: https://six.swiss/3YlJ6PL We’re thrilled to announce that HANetf ETC Securities has become the 20th issuer of Exchange Traded Products (ETPs) on our platform, launching its first gold ETP! This new product offers investors direct exposure to the gold market, with each ETC backed by physical gold bars custodied by The Royal Mint. 📣 "We are delighted to welcome HANetf ETC Securities and their gold product to our platform," says Gregor Braun, Head Equities & ETF/ETP Sales, Exchanges, SIX. 📣 "Launching our first gold ETP at SIX Swiss Exchange marks a pivotal moment for HANetf”, adds Hector McNeil, Co-CEO of HANetf. With HANetf’s new product, our offering expands to 206 ETPs. YTD trading turnover within our ETP segment has reached CHF 2.23 billion across 151,000 trades. Compared to the same period last year, this represents an impressive 235% growth in turnover and 161% increase in the number of trades – reflecting strong market demand. 👉 Learn more about this milestone and the opportunities it brings for gold investing. #SIX #SIXSwissExchange SIX Swiss Exchange #HANetf #ETP #GoldETP #GoldInvesting #Investing #Gold
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