Safe Haven Demand Counteracting Gold ETF Outflows
August 13, 2024 at 09:17 AM EDT
The exit from gold-based ETFs last week was counterbalanced by safe haven demand amid heavy market volatility. When rates fall and the dollar declines, gold’s rally could resume. Renewed recession fears roiled the stock market last week before eventually recovering. This may have also sparked a move to assets uncorrelated with the broad market such [...] The post Safe Haven Demand Counteracting Gold ETF Outflows appeared first on ETF Trends .