By SchiffGold
Total gold holdings in ETFs grew marginally in March, resuming an upward trend that started last fall. Total holdings of the yellow metal globally rose 3 tons, with increases seen in every region, according to the most recent data released by the World Gold Council.
ETFs worldwide currently hold 2,483 tons of gold valued at approximately $103 billion.
North American funds took in the most gold last month, increasing holdings by 2.5 tons. Early in the month, about $2.5 billion in gold flowed out of North American funds, but that reversed later