Investors Pile Into Gold ETFs at Fastest Pace Since 2009: Chart
This article is for subscribers only.
This quarter, investors poured money into SPDR Gold Shares and iShares Gold Trust, the two biggest gold-backed exchange traded funds, at the fastest pace since 2009. That’s as bullion surges 16 percent, the biggest quarterly rally since 1986, as a more dovish Federal Reserve tone weighs on the dollar and more than $7 trillion of sovereign bonds now have negative yields.