Gold ETFs get a boost from banking turmoil
Mar 21st, 2023 | By James Lord, CFA
Gold ETFs have performed well in recent weeks, notching up gains due to increased demand for safe-haven assets amid stress in the global banking system.
Gold ETFs have performed well in recent weeks, notching up gains due to increased demand for safe-haven assets amid stress in the global banking system.
Gold ETFs registered their eighth consecutive month of net redemptions in December, although outflows were significantly reduced and flow trends in recent months suggest a turnaround in demand in early 2023.
Element Funds has made its ETF debut with a thematic commodities fund targeting metals essential to the production of electric vehicles, battery energy storage systems, and renewable infrastructure.
Teucrium Trading has launched a new commodity ETF that seeks to deliver positive returns regardless of market direction through a systematic long/short strategy across agricultural futures.
VanEck has launched a new ETF delivering actively managed exposure to a diversified basket of commodity futures.
By Bradley Duke, Founder and co-CEO, ETC Group.
In the wake of the failure of FTX, many crypto investors quite rightly worry about the possible collapse of other crypto “exchanges” and worry about leaving any crypto or fiat balances on these exchanges.
Gold ETFs globally recorded their seventh consecutive month of outflows in November with net redemptions of 34 tonnes ($1.8 billion) during the month, according to data from the World Gold Council.
The Royal Mint’s physical gold ETC – the Royal Mint Physical Gold ETC (RMAU) – has enjoyed steady interest from investors in 2022, consistently attracting net new assets despite a challenging gold market environment.
Gold ETFs globally have recorded their fourth consecutive month of outflows with net redemptions of $2.9 billion in August, according to data from the World Gold Council.
Invesco has launched a new actively managed commodities ETF providing broad exposure across the most heavily traded agricultural futures.