August, 2019 | CMI Gold & Silver
Buy - Sell - Trade
Gold Prices Silver Prices Interactive Spot Prices

Speak to a non-commission broker TODAY!

800.528.1380

Questions? Call Us

800.528.1380

Monthly Archives: August 2019

Inflows into gold-backed ETFs continue

Gold-backed ETFs and similar products added 52 tons of gold in July, in addition to the 125 tons added in June, increasing their collective holdings to 2,600 tons – a level not seen since March 2013.  ETFs are preferred by many institutional and large investors, while smaller investors (and some large investors) like to buy

Gold on the march

Record-breaking central bank and ETF buying boosted 2019’s first half demand to a three-year high, according to the World Gold Council.  Also contributing to demand was a more positive environment for Indian consumers, which have always been big jewelry buyers.