thewealthnet

Invesco highlights scale of Covid-19 goldrush

News Team, 26/06/2020

The volume of gold purchased by exchange traded funds and other exchange traded products (ETPs) was up more than 300 percent in the first quarter of the year, as investors rushed to safe haven assets.

On a quarter-by-quarter basis, demand for gold was up more than 1000 percent following soft demand in Q4 2019.

The statistics come from the inaugural Invesco Gold Report, a new series of quarterly reports look...


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