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World Gold Council – Gold-backed ETF holdings increase by 31.4t

6 Sep 2017wgc

Gold-backed ETFs increase by 31.4t in August to 2,295t in global holdings

Welcome to the monthly analysis of gold-backed ETFs and similar products, where you will find detailed information and insight on global trends of gold investment demand through ETFs.

Regional fund flows

  • North American ETFs drove global inflows in August as investors added 27.8 tonnes ($1.3bn, 2.6% AUM)
  • Flows in Europe were mixed with a net increase of 6.4t ($321mn, 0.78% AUM)
  • Asia funds lost 2t ($80mn, 3.0% AUM), with many of the Chinese gold-backed funds losing assetsInsider's Guide to gold and silver

ETF inflows

 

 

 

 

 

 

 

Individual fund flows

  • In North America, SPDR® Gold Shares led inflows with +22.4t ($1.03bn, 3.2% of AUM), followed by iShares Gold Trust with +4.6t ($266mn, 3.1% of AUM).
  • European inflows were driven by Source Physical Gold +6t ($245mn, 5.5% of AUM) and ETFs Physical Gold +2.1t ($109mn, 1.87% of AUM).

Year-to-date trends

  • Global gold-backed ETFs collectively hold 2,295t and added 143.5t, equivalent to $5.3bn so far in 2017. This represents an increase of 5.5% of global AUM.
  • European funds continue to lead inflows accounting for nearly 79% of all inflows during the year.
  • European funds have increased their AUM by 12% on the year, while Asian funds have lost 16% of their assets.

Gold ETFs YTD


DANIEL FISHER

Daniel Fisher formed physical Gold in 2008, after working in the financial industry for 20 years. He spent much of that time working within the new issue fixed income business at a top tier US bank. In this role, he traded a large book of fixed income securities, raised capital for some of the largest government, financial, and corporate institutions in the world and advised the leading global institutional investors. Daniel is CeFA registered and is a member of the Institute of Financial Planning.

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