W3Schools

ETF Focus: Gold ETFs see steep inflows as investors look to hedge

The largest exchange-traded fund to track gold has seen heavy adoption thus far in 2018, with massive inflows amid a rally in the precious metal’s price, as well as interest from investors looking to hedge their portfolios.

The SPDR Gold Shares GLD, +1.22% fund has had inflows of $873.6 million over the past week, according to FactSet data. That’s the fourth-highest inflows of any U.S. listed ETF over the period, behind a trio of broad-based equity funds that includes the SPDR S&P 500 ETF Trust SPY, -0.04% , the largest ETF on the market, and which sees heavy volatility in its flows.

>>> Original Source <<<

Comentários