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June 4, 2020

#ETF #Gold holdings hit record high in May World @GoldCouncil $GLD

WGC: ETF gold holdings hit record high in May | Kitco News

Gold holdings by ETF's reached an all-time high of 3,510 tons 

North American funds increased holdings by 102 tons, while those based in Europe added 45 tons, the WGC said. Asian-listed funds added 4.4 tons, while other regions had inflows of 2.6 tons.

Among individual ETFs, SPDR Gold Shares posted the biggest inflow, adding 67 tons, while iShares Gold Trust added 20 tons. Aberdeen Standard Physical Gold Shares led "low-cost" with an increase of 4.1 tons, the WGC said.
Meanwhile, two U.K.-based funds led European inflows: iShares Physical added 23.3 tons, while Invesco Physical Gold added 6.9 tons.

See the whole article here: https://www.kitco.com/news/2020-06-04/WGC-ETF-gold-holdings-hit-record-high-in-May.html

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