The gold etf and gf shanghai gold etf rose against the trend, with a net inflow of over 28.3 billion yuan into the gold etf this year.
The spot gold has broken through the 2,690.00 USD/ounce mark, currently quoted at 2,690.01 USD/ounce, up 0.77% for the day; the comex gold futures block orders are currently quoted at 2,692.30 USD/ounce, up 0.65% for the day. The ccb principal shanghai gold etf, chinaamc gold etf, fullgoal shanghai gold etf, gold fund, gf shanghai gold etf, icbccs gold etf, southbound fund gold etf, bo shi fund gold fund, huaan fund gold etf, and jia shi fund shanghai gold etf are all listed.
The founder of the largest gold etf in the world remains bullish on gold prices!
The strategist who established the world's first gold etf believes that gold looks good for the remaining time of this year and the prospects for next year.
Founder of the largest gold etf reiterates gold prospects 20 years later: Emerging markets demand may continue to drive gold prices higher.
Twenty years later, George Millin-Stanley, the founder of the first gold tracking etf, remains optimistic about gold.
Bitcoin hits a new high, racing toward 0.1 million dollars! The asset management scale of bitcoin etf is expected to surpass that of gold etf.
① As bitcoin continues to reach new highs and approaches the $0.1 million mark, the asset management scale (AUM) of us etfs directly investing in bitcoin surpassed $100 billion for the first time this Thursday; ② This also brings us cryptocurrency investors closer to achieving a long-awaited goal: for the asset management scale of bitcoin etfs in the usa to exceed that of gold etfs.
“Smart money” is betting on china! Goldman Sachs: US hedge funds are flooding into Chinese concept stocks, with jd.com and gds holdings being the most favored.
The goldman sachs report shows that usa hedge funds increased their investment in china companies listed in the usa in the third quarter.
Express News | Global largest gold etf--SPDR Gold Trust decreased its holdings by 1.44 tons compared to the previous day, with the current holdings at 870.53 tons.
global gold etf is expected to decrease by 0.809 billion US dollars (12 tons) in the first week of November.
November 12th, Gelunhui | World Gold Council: Global gold etf is expected to decrease by $0.809 billion (12 tons) in the first week of November, with most of the funds outflowing from North America, partially offset by strong inflow of funds from Asia. In addition, comex's net position also decreased by 74 tons, down 8% from the previous week.
Express News | World Gold Council: According to our gold return attribution model (GRAM), the gold price is under pressure from a strengthening US dollar and momentum factors, specifically including gold price lagging, gold etf experiencing fund outflows after an except
Will the BTC etf surpass the gold etf within two months?
Currently, the spot BTC etf traded in the usa is approximately equivalent to 66% of the total assets managed by the gold etf.
The world's largest gold etf experienced its largest single-week fund outflow since 2022.
Gelonghui November 12th | Trump's election victory prompted traders to take profits. Last week, the largest global gold ETF, the SPDR Gold Trust, had an outflow of more than 1 billion US dollars, the largest single-week outflow since July 2022. Spot gold fell by 1.9% during the same period. The total holdings of gold ETFs fell by 0.4%, marking the second consecutive week of decline. Last month, due to the high uncertainty of the US election, investors flocked to safe-haven assets. However, with Trump's victory in crucial battleground states and the Republicans controlling the Senate, investors exited their positions to take profits. Trump's victory also boosted
Express News | The compiled data shows that the gold etf SPDR Gold Shares (GLD) experienced over $1 billion in funds outflow last week, the largest since July 2022.
WPIC: Platinum ETF can fill the market supply gap, but it may only be achieved after a significant price increase.
The selling pressure of platinum fullgoal shanghai gold etf may appear when the price exceeds the average cost of $1,100 per ounce, but achieving large-scale selling will require a higher price.
Express News | BlackRock's bitcoin etf assets have exceeded its gold etf.
World Gold Council: Global gold etf records net inflows for six consecutive months
The World Gold Council (WGC) stated that global physical gold exchange-traded funds (ETFs) recorded a net inflow of 4.3 billion US dollars last month, marking the sixth consecutive month of net inflows, driven by inflows from North America and Asia. As of the end of October, the gold positions of ETFs were 3,244 tons, with a total asset management value of 286 billion US dollars. Global gold ETFs have accumulated a net inflow of 4.7 billion US dollars this year, with total asset management value increasing by 33% annually. The organization noted that demand for gold in North America has been affected by uncertain factors surrounding the US election, escalating military conflicts in the Middle East, and the possibility of North Korean soldiers joining the Russia-Ukraine conflict or driving demand for gold ETFs. The organization also mentioned that global gold exchanges
Express News | The world's largest gold etf, SPDR Gold Trust, decreased its holdings by 1.72 tons compared to the previous day, with a current position of 886.91 tons.
As the USA presidential election approaches, funds are rapidly flowing into gold ETFs, accompanied by fee reductions. Fund managers are focusing on three key determinants.
1. Another gold etf announced a rate cut today, with the shares of several gold etfs reaching a new high yesterday; 2. Since the fourth quarter, gold etfs have risen more than 4% in total; 3. Some believe that gold may face some resistance in the near future, but long-term attractiveness still exists.
ETF tracking | Volatility double long ETF rose by 16%; Leveraged long ETF for super micro computer plummeted over 70% in two days
On Thursday, October 31, the three major stock indexes in the United States all fell. The s&p 500 index closed down 108.22 points, a decrease of 1.86%, to 5705.45 points. The October cumulative decline was 0.99, ending the continuous rise since May. The dow jones industrial average fell 378.08 points, a decrease of 0.90%, to 41763.46 points. The October cumulative decline was 1.34%, ending the uptrend since May. The nasdaq composite index, mainly composed of technology stocks, also closed lower.
Express News | China's gold ETF holdings surpass the 100-ton mark.
Express News | The world's largest gold etf--SPDR Gold Trust increased its holdings by 2.87 tons compared to the previous day, with current holdings at 892.65 tons.
Express News | World Gold Council: Global gold etf net inflows reached 95 tons in the third quarter.