The volume of gold in ETF (exchange traded funds – exchange traded funds) and similar products as at the end of September amounted to 2,357 thousand tons (75,8 million ounces), estimated by the World Gold Council (WGC).
This is 22.4 tons (1%) more than the previous month.
The influx of gold in ETFs has been observed in North America, it amounted to 36 tons. Meanwhile, the amount of gold in European and Asian funds decreased by 12 tons and 1.7 tons respectively.
Since the beginning of 2017 ETF purchased 191,9 tons of gold at $7.5 billion, the Volume of gold in ETFs increased by 7.7% .