Posted on 13th July 2020 at 13:22
Sculpted from experience, built for success.
Gold-backed ETFs closed H1 with a record US$40bn of net inflows. In June 2020 gold ETFs added 104t, taking global holdings to all-time highs of 3,621t.
''Gold is long considered a beneficial asset during periods of uncertainty.''
Historically, it generated long-term positive returns in both good times and bad. Looking back almost half a century, the price of gold has increased by an average of nearly 12% per year since 1971.
Over this period, gold's long-term return was comparable to stocks and higher than bonds. Source: World Gold Council.