ETF buyers return to precious metals as Trump turmoil sows angst

Add the flap over US immigration policy to investor concerns that are reigniting demand for precious metals as havens. Long-only exchange-traded funds backed by precious metals have attracted about $200-million this month, on course for the first monthly inflow since October, data compiled by Bloomberg Intelligence showed. Almost $1.6-billion poured into the ten precious-metals ETFs that have attracted the most money in January, with Frankfurt-listed Xetra-Gold ETF drawing in more than any other commodity ETF.