For the first time in five months, gold-backed ETFs globally reported modest outflows in May as investors took profits. After charting the largest inflows of gold since August 2022 in April, gold-backed ETFs globally reported modest outflows of 19 tonnes totaling $1.8 billion last month. A combination of gold outflows and a moderating gold price
San Antonio, TX, May 21, 2025 (GLOBE NEWSWIRE) — U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”), a boutique investment firm specializing in precious metals and emerging markets, is pleased to announce that its gold-focused ETF, the U.S. Global GO GOLD and Precious Metal Miners ETF (NYSE: GOAU), is now trading on the Bolsa de
India’s gold demand surged past 800 tonnes in 2024, driven by a rise in jewellery consumption and increased investments in gold exchange traded funds (ETFs), according to a new report released on Tuesday. The report by Zerodha Fund House revealed that India was the world’s largest consumer of gold jewellery in 2024, with total consumption
Once reserved for trousseaus and temple offerings, gold is getting a slick, modern makeover in the hands of young Indian expats in the UAE. No longer just their grandmother’s prized possession, the yellow metal is now the crown jewel of millennial and Gen Z portfolios — strategic, shrewd, and unapologetically glittery. “Gold holds considerable cultural
Gold prices have historically surged during market upheavals in the last half-century. The precious metal remains a top pick for investors as they navigate an uncertain macroeconomic backdrop fueled by high US tariffs, an escalating trade war with China, and dynamic changes within the federal government. Gold prices soared to a record high of £2,460
WASHINGTON: US leveraged-loan funds had their biggest-ever weekly outflow as investors dumped corporate debt across the board on concern that the tariff-spurred market turmoil will hit the economy. An estimated US$6.5bil was pulled from the funds in the week ended last Wednesday, according to data from LSEG Lipper, as prices on the risky debt hit
That, together with the fear of a stock-market crash, has prompted a lot of Canadians who never considered owning the precious metal before to wonder whether this age-old asset should be part of their portfolios. After all, Canada’s largest robo-advisor, Wealthsimple, allocates 2.5% of its clients’ accounts to gold—and 10% in its halal portfolios. Should
Gold prices faced resistance despite tariff threats, failing to reach previous highs. Gold ETFs saw their largest single-day increase since 2022, indicating strong demand. US economic data had a short-term impact on prices, but haven demand remains elevated. Gold prices failed in their attempt to print a fresh weekly high today despite the latest tariff
Asset manager REX Shares launched a Bitcoin Corporate Treasury Convertible Bond ETF, BMAX. The fund will invest 80% of its net assets in convertible bonds issued by companies to purchase Bitcoin in their corporate treasury. BMAX aims to lower the barrier of entry to investing in convertible bonds issued by companies to purchase Bitcoin. Asset
People often focus on long-term investment options, overlooking their short-term needs. However, it’s important to consider your financial requirements at different stages of life. You may need funds for health issues, your child’s education, or other immediate needs. Therefore, it’s essential to plan your investments in a way that ensures your short-term needs are met