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ETF Buyers Return to Precious Metals Amid Trump Policy Angst

  • $1.6 billion pour into 10 precious metal-backed ETFs
  • Biggest gold miner ETF attracts more money as metal rebounds
Updated on

Add the flap over U.S. immigration policy to investor concerns that are reigniting demand for precious metals as havens.

Long-only exchange-traded funds backed by precious metals have attracted about $200 million this month, on course for the first monthly inflow since October, data compiled by Bloomberg Intelligence showed. Almost $1.6 billion poured into the 10 precious-metals ETFs that have attracted the most money in January, with Frankfurt-listed Xetra-Gold ETF drawing in more than any other commodity ETF.