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Benzinga: Gold ETFs Shrink, Price Hits Record

LONDON, 8 March 2024 – Analysis from BullionVault is quoted today in a report from personal investment news and data site Benzinga on the split between global gold prices and Western gold investment flows.

"Central-bank demand for the precious metal remains historically strong, and that's clearly helping drive up the gold price as sovereign nations favor the precious metal as a safe haven against the worsening geopolitical outlook," the report quotes Adrian Ash, director of research at BullionVault, in comments first made to US financial news-site MarketWatch.

Read the full story at Benzinga here:

Gold ETFs Diverge From Spot Prices: Record Ninth Consecutive Month Of Outflows

Source: 
Benzinga