GOLD BULLION
North America has added the most physical gold holdings that back shares of an exchange traded fund (ETF) of all the regions, the World Gold Council (WGC) revealed in its October ‘Gold ETF holdings update’, published on Wednesday. During the month of September, North America led inflows for the second month in a row, as investors added 36 t, or $2.5-billion, of gold, through funds listed in the region, reflecting an increase in assets under management (AUM) of 4.7%.
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