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Gold price slump led to $4.6bn monthly loss in ETFs

MINING.com Editor | March 04, 2021 | 9:16 am Intelligence Markets Asia Europe USA Gold 

Gold exchange-traded funds (ETF) lost 2% – or $4.6 billion – of holdings in February as bullion depreciated and interest rates increased during the month, the World Gold Council (WGC) reported on Thursday. Global gold ETFs lost 84.7 tonnes in...

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