Gold ETFs Recorded Outflows Of 110 Tonnes In 2022 - World Gold Council

Gold ETFs Recorded Outflows Of 110 Tonnes In 2022 – World Gold Council

in Markets

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The amount of metal held in gold-backed exchange-traded funds (ETFs) dropped by 110 tonnes in 2022, according to the World Gold Council.

Holdings in these financial instruments dropped 3% year on year, the organisation said on Monday. This amounted to $3 billion worth of metal.

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