Trumponomics Divides Investors as Gold ETF Flows Diverge

  • SPDR Gold has had nine straight weekly outflows, data show
  • iShares Gold Trust has back-to-back inflows on haven demand
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Gold is splitting the investment community down the middle.

Take the flows into and out of exchange-traded funds. Money has been draining out of SPDR Gold Shares, the world’s largest gold-backed ETF used by big institutional investors, each week since Nov. 11. But iShares Gold Trust, a smaller rival favored by individuals investing lesser amounts for themselves, has seen back-to-back weekly inflows.