Email of the day on total ETF holdings of gold
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January 19 2015

Commentary by Eoin Treacy

Email of the day on total ETF holdings of gold

I remember seeing a chart in a comment of the day of total gold holdings in GLD (or maybe it was all physical Gold ETFs combined)

Eoin Treacy's view

Thank you for this question. Considering how much of an influence ETFs have on the gold market it is reasonable to monitor their holdings as a barometer of investment demand. You can find the chart for the Total Known ETF Holdings of hold in the Chart Library by using a keyword in the search such as “holdings” or with the ticker ETFGTOTL. It can also be found in Commodity Indices section

Gold has now posted a failed downside break from its $1200 - $1400 trading range and is currently rallying towards the upper boundary. ETF holdings increased last week but more will be needed to signal renewed investment demand beyond the short term.

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