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Investors pour $18 billion into gold ETFs in August as sovereign debt concerns grow - WGC report

Source: kitco.com

Commodities & Raw MaterialsInterest Rates & YieldsSovereign Debt & Ratings
Investors pour $18 billion into gold ETFs in August as sovereign debt concerns grow - WGC report

Gold's resilience in August, despite renewed expectations of a September interest-rate hike, is presented as evidence of its appeal as a hedge against rising global sovereign debt. The article highlights mounting debt sustainability risks as a supportive long-term factor for precious metals.

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