Gold ETFs Haul in $3.5B

Source:

"Investors who were nervous about the looming debt ceiling showdown poured $3.5B into ETFs that own gold last month."

Reuters

Investors who were nervous about the looming debt ceiling showdown poured $3.5 billion in July into exchange-traded funds that own gold, according to fund tracking website IndexUniverse.com.

The biggest gold ETF, the $65 billion SPDR Gold Trust managed by State Street , added $2.9 billion of net inflow, IndexUniverse said in its monthly report. BlackRock's $8 billion iShares Gold Trust took in $632 million. . .View full article

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