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Investors Flock To Inverse Gold ETFs

By: ETFdb
Precious metals have been on a tear for much of the last year, no doubt delivering huge profits to some of the hedge fund managers who began stocking up on bullion in early 2010. Physically-backed gold and silver ETFs took in close to $10 billion in inflows last year, as investors embraced the exchange-traded structure as the most efficient way to establish exposure to an asset class that has safe haven appeal and can perform relatively well in inflationary environments as well. With uncertainty over the global economic outlook swirling and concerns about an uptick in inflation lingering, gold surged to new record highs in 2010 after adding about 25%. But the yellow metal was overshadowed by silver, which gained close to 90% on the year. Forget the tiger, 2010 was the year of the precious metal. But it seems that when the calendars changed, so too did the outlook [...] Click here to read the original article on ETFdb.com. Related Posts: The Definitive Guide To Inverse Gold ETF Investing ETF Plays For $3,000 Gold Gold ETFs: Boom Or Bust? Gold ETFs: Where Do They Go From Here? The Definitive Gold ETF Guide: Gold Bullion ETFs 101
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