Commodities
Gold Climbs as Bullion-Backed ETFs Add to Holdings This Year
Bullion has rallied 15% this year as an escalating trade war rattles markets.
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
Gold advanced as bullion-backed exchange-traded funds continued to see big inflows.
Bullion traded around $3,020 an ounce, less than $40 shy of the record high reached last week. Gold-backed ETFs have added about 154 tons so far this year, according to data collected by Bloomberg.