LONDON, 31 January 2022 – Analysis from BullionVault is quoted at length today in a report on gold-backed ETF flows from UK share-trading platform Interactive Investor.
Gold is viewed as a hedge against inflation. Despite this, investors heavily sold gold ETFs in 2021.
"Investment flows are what drive gold prices higher or lower," the article quotes Adrian Ash, director of research at BullionVault, says that demand was likely to soften in 2021.
"That meant 2020's record-heavy demand actually worked to cap prices in 2021."
Read the full article at Interactive Investor here:
Inflation is at a 30-year high, so why are gold ETFs out of favour?
Source:
Interactive Investor
