Financial Times/Steve Johnson/4-6-2022
“Purchases of gold exchange-traded products hit an all-time record in March, while investors pulled record amounts from domestically listed European equity funds as the fallout from Russia’s invasion of Ukraine ripped through markets.”[/caption]
USAGOLD note: Missed this one when it first came out and thought it important enough to pass along. The article states that net inflows into gold exchange-traded products rose five times month over month, according to BlackRock data. Growth in ETF stockpiles generally signals renewed interest on the part of funds and institutions.