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DGLD - Inflows Of Gold Into ETFs Tops 1000 Tons On The Year
Credit Suisse AG
Globally, ETFs added gold for the 10th straight month in September and pushed total inflows to over 1,000 tons on the year.
So far in 2020, ETFs have added 1,003 tons of gold, taking total holdings to an all-time high of 3,880 tons and $235 billion in assets under management.
The WGC also noted that central banks seem willing to let inflation run hot, a bullish policy for gold.