Global Central Banks Are Gobbling up Gold
This article was originally published on ETFTrends.com.
Gold exchange traded funds such as the SPDR Gold Shares (NYSEArca: GLD) have given up some ground in recent days, but data suggest global investors and central banks remain fond of bullion. Ongoing concerns over the health of major economies, notably in Europe, have pressured global rates this year, sending yields on many conservative fixed-income assets [...]