Investors on Gold ETF Buying Spree Amid Global Stock Rout
By GCRU Gold News on Tuesday, January 12 2016, 23:15 - Permalink
Investors embarked on the biggest three-day buying spree in gold-backed exchange traded funds for a year as bullion rallied at the start of 2016 amid a stock-market slump.
Holdings in ETFs climbed 19.6 metric tons in the three days through Monday to 1,477.7 tons, according to data compiled by Bloomberg, the largest increase since January 2015.