Investors Utilize Gold ETFs to Hedge Political Risks

Exchange traded fund investors continued to gravitate toward gold over the first quarter as increasing political risks helped fuel demand for the safe-haven asset to hedge against potentially unwanted surprises. Global holdings of gold-backed ETFs expanded by 109.1 tons in the first quarter, and total asset sunder management within these ETFs was 2,251.8 tons by…Click to read more at ETFtrends.com.