The demand for ETF Securities’ gold exchange-traded commodities (ETC) products has been on the rise, Financial Times reports. Combined flows into the Physical Gold and Gold Bullion Securities ETCs have risen by 41% since September 2008.
ETF Securities’ total gold holdings have reached $8.7 billion, up 110% over the past two years. Private investors are turning to gold to hedge against possible structural dollar weakness, said Nicholas Brooks, head of research and investment strategy at ETF Securities.
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