The physically gold-backed ETFs range of ETF Securities has seen over £500 million of net inflows in the past six weeks, Financial Times reports. The firm has recognized uncertainty over effects of quantitative easing on major currencies and medium-term inflation risks as the factors for the $1.1 billion flows into gold-tracking exchange-traded commodities (ETCs).

ETF Securities currently holds 8.4 million ounces of gold. The company is also seeing a boost in physically-backed palladium and platinum ETC holdings.

For the complete story, click