Gold ETFs Amass $34-B of Gold in 5 Months, More Than Any Full Year

Gold ETFs Amass $34-B of Gold in 5 Months, More Than Any Full Year

$XAU $GLD Gold backed ETFs added 623 tonnes of the precious Yellow metal worth $34-B to their stockpile from January to May, exceeding in 5 months every full-year increase on record, the World Gold Council (WGC) said Thursday. In May alone, the increase was 154 tonnes, it said. Many investors think gold is likely to […]