“Gold ETFs Refuse to Let Go!”: ETFs Continue to ADD Gold Even as Prices Slide -Bloomberg - SilverTrade
“Gold ETFs Refuse to Let Go!”: ETFs Continue to ADD Gold Even as Prices Slide -Bloomberg - SilverTrade
Source: SilverTrade
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DW NOTE
ETF gold holdings rose through Q3 even as prices fell 20.9% from their January peak of $5,318. That's not confusion — it's position-building into a drawdown by institutions that treat $4,208 as discounted insurance, not expensive metal. When professional money adds through a 21% correction, the correction is the point.