Gold ETF Flows Turn Negative After 13 Weeks as Metal Falls 4%
World Gold Council data showed global investors redeemed $3.01 billion from physically backed gold ETFs last week, as gold fell nearly 4%.
Investments in physically backed gold exchange-traded funds (ETFs) turned net negative after 13 weeks last week, with the yellow metal losing nearly four per cent, data from the World Gold Council (WGC) showed.WGC data showed that investors across the world redeemed $3.01 billion, while investments…