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LONDON, Feb 24 (Reuters) - Physically backed gold exchange-traded funds (ETFs) registered the largest weekly inflow since March 2022 last week, data by the World Gold Council (WGC) showed on Monday.
With trade tensions, recession fears and global uncertainty, demand for gold is on the rise. Gold ETFs, which offer investors exposure to gold without owning the metal, have gained from this rally.
The gains came on the back of strong inflows into physically backed gold ETFs, which saw their largest weekly influx since March 2022. Citing WGC data, Reuters said gold ETFs attracted 52.4 metric ...
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