Commodity Trade Mantra

Posts Tagged ‘SPDR GLD ETF’

Gold Price Spike Triggers Massive Surge In Gold Investment Demand

The spike in the gold price during the holiday weekend triggered a record ONE-DAY surge in mainstream investor gold demand. How much gold flooded into Gold ETF’s and Funds on July 5th? Mainstream investors piled into gold on Tuesday, July 5th, thus pushing the ONE-DAY flow into Gold ETF’s to a record 1.4 million oz. The one-day previous record was about 1.25 Moz.

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