Global Gold Holdings in Gold-Backed ETFs Up for Fourth Straight Month

Posted by SchiffGold

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Total holdings of gold in gold-backed ETFs grew for the fourth straight month in January.

Globally, ETFs added 72 tons of the yellow metal to their holdings last month, according to the latest data released by the World Gold Council. This brought the total amount of gold held by funds worldwide to 2,513 tons valued at about $107 billion….CLICK for complete article