
#GoldETFAdds10Tons
About GoldETFAdds10Tons
SPDR Gold Trust, the largest gold ETF, added 9.984 tonnes on Sep 3, lifting holdings to 1,056.62 tonnes on inflows. The Dutch central bank moved about 86 tonnes from New York and Ottawa to London between March and August to improve crisis tradability and liquidity, not to buy more gold. Goldman Sachs says options-market-maker hedging can amplify buying on rallies and selling on drops. Can ETF flows and reserve liquidity sustain demand while options hedging magnifies two-way swings?
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