Gold ETFs See Holdings Reach All Time Record Highs In September


◆ Global gold ETF holdings reach all time record highs, increasing by 13.4% so far in 2019 on hedging and safe haven demand

◆ Global gold ETFs, ETCs and similar products had US$3.9bn of net inflows across all regions, increasing their collective gold holdings by 75.2 tonnes(t) to 2,808t, the highest levels of all time in September

◆ Gold ETF holdings have surpassed late 2012 levels, at which time the gold price was near US$1,700/oz, 18% higher than current levels. 

◆ There has been a surge in demand in Europe and the gold-backed ETF landscape is vastly different than in 2012 when two-thirds of global holdings were concentrated in North America. Today, European-listed gold ETF funds make up 44% of global holdings (U.S. at 52% and the remainder coming from funds listed in Asia and other regions.)  

◆ See latest report from World Gold Council here 

NEWS and COMMENTARY

Gold holds firm as souring trade spat hurts risk appetite

Fed will start expanding its balance sheet ‘soon’ in response to funding ‘issues’ – Powell

Australia’s NAB trims coal price forecast for 2020, raises gold for 2019

US puts visa restrictions on Chinese officials over abuses of Muslims in Xinjiang

China ‘strongly urges’ US to remove sanctions and stop accusing it of human rights violations

Soft U.S. producer inflation supports case for Fed rate cut

New IMF chief Georgieva warns of ‘synchronized slowdown’ in global growth


Gold Prices (LBMA – USD, GBP & EUR – AM/ PM Fix)

08-Oct-19 1500.00 1505.85, 1225.50 1233.14 & 1365.30 1372.28
07-Oct-19 1502.15 1501.25, 1221.40 1218.11 & 1369.36 1365.54
04-Oct-19 1509.50 1499.15, 1223.75 1220.01 & 1374.70 1366.78
03-Oct-19 1504.00 1517.10, 1221.70 1223.84 & 1372.25 1380.26
02-Oct-19 1484.05 1492.60, 1213.21 1215.13 & 1359.84 1364.68
01-Oct-19 1466.10 1473.45, 1193.11 1206.17 & 1345.29 1349.97
30-Sep-19 1487.60 1485.30, 1208.38 1206.06 & 1361.75 1362.17
27-Sep-19 1496.15 1489.90, 1218.17 1209.05 & 1369.58 1362.51
26-Sep-19 1507.05 1506.40, 1223.72 1219.28 & 1378.50 1374.89
25-Sep-19 1530.85 1528.75, 1231.11 1234.62 & 1391.24 1391.77
24-Sep-19 1520.25 1520.65, 1220.76 1216.67 & 1382.36 1381.36


Focus On Gold’s Value and Not Prices – Watch Video Here


SIGN UP FOR OUR AWARD WINNING MARKET UPDATES HERE



Mark O'Byrne

Also on news-goldcore-com

Videos

Jim Rogers 2022- The Worst Bear Market is Coming

Silver Price Prediction 2022: David Morgan

Gold In 2022- Very Bullish Chart Patterns Developing

Blog posts

Jim Rogers 2022- The Worst Bear Market is Coming

Legendary investor and adventure capitalist Jim Rogers joins Dave Russell of GoldCore TV to discuss the next bear market, China’s decline, and his top investments. Watch the full episode to learn more. Click the Video Below to Watch Make sure you don’t miss a single episode… Subscribe to our YouTube channel Silver Price Prediction 2022Watch ‘Silver Guru’ […]

READ MORE

European Energy Crisis: 4 Things You MUST Know!

European Energy Crisis: 4 Reasons You MUST Know! European households are facing rising prices on many goods and services, but one particular standout is electricity and gas bills. According to Bank of America, European household gas bills are expected to rise to €1,850 in 2022 from €1,200 in 2020 (an ~55% increase). Natural gas prices […]

READ MORE

Silver Price Prediction 2022: David Morgan

This week, ‘The Silver Guru’ David Morgan of The Morgan Report joins Dave Russell to explore what might happen in the silver market in 2022, as well as what makes silver the world’s most undervalued metal. Watch the full episode to learn more. Click the Video Below to Watch Make sure you don’t miss a […]

READ MORE

Featured

Gold, the Tried-and-True Inflation Hedge for What’s Coming!

READ MORE

How High is Too High for Rising Government Bond Yields?

READ MORE

Silver – 7 Reasons it is Still Set to Soar

READ MORE
Newsletter
Category
Archives
Popular

No posts available

Videos

Jim Rogers 2022- The Worst Bear Market is Coming

Silver Price Prediction 2022: David Morgan

Gold In 2022- Very Bullish Chart Patterns Developing

Blog posts

Jim Rogers 2022- The Worst Bear Market is Coming

Legendary investor and adventure capitalist Jim Rogers joins Dave Russell of GoldCore TV to discuss the next bear market, China’s decline, and his top investments. Watch the full episode to learn more. Click the Video Below to Watch Make sure you don’t miss a single episode… Subscribe to our YouTube channel Silver Price Prediction 2022Watch ‘Silver Guru’ […]

READ MORE

European Energy Crisis: 4 Things You MUST Know!

European Energy Crisis: 4 Reasons You MUST Know! European households are facing rising prices on many goods and services, but one particular standout is electricity and gas bills. According to Bank of America, European household gas bills are expected to rise to €1,850 in 2022 from €1,200 in 2020 (an ~55% increase). Natural gas prices […]

READ MORE

Silver Price Prediction 2022: David Morgan

This week, ‘The Silver Guru’ David Morgan of The Morgan Report joins Dave Russell to explore what might happen in the silver market in 2022, as well as what makes silver the world’s most undervalued metal. Watch the full episode to learn more. Click the Video Below to Watch Make sure you don’t miss a […]

READ MORE

Featured

Gold, the Tried-and-True Inflation Hedge for What’s Coming!

READ MORE

How High is Too High for Rising Government Bond Yields?

READ MORE

Silver – 7 Reasons it is Still Set to Soar

READ MORE