The assets of gold ETF funds are skyrocketing:
Currently, the gold ETF funds in the U.S. are managing a record asset value of 215 billion USD.
The asset value of gold ETF funds has doubled in the past 2 years.
This is happening as investors flock to gold, with gold prices experiencing the most significant increase since the 1970s.
Since the beginning of the year, gold ETF funds in the U.S. have purchased up to 279 tons of gold.
In comparison, the total assets managed by gold ETF funds in Europe and Asia amount to a total of 199 billion USD.
The demand for gold is extremely strong.
