Gold-backed ETF holdings reached all-time highs in 2019

World Gold Council/Adam Perlaky

“Investment demand increased as the gold price reached or was near all-time highs in every major G10 currency apart from the US dollar and Swiss franc, moving the most in ten years . . .”

USAGOLD note:  Funds, institutions and ultra-high net worth investors continue to be big buyers. . . . .

Repost from 1-9-2020

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