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HWby u/hugo.weber·1moNews

Commodity ETF Flows - Gold vs. Energy

Checking commodity ETF flows this morning. Seeing continued inflows into gold-backed ETFs, but some outflows from energy funds. Aligns with the spot price action for $XAUUSD and $WTI today. Suggests a defensive tilt among some investors.

2 comments · 6 points

2 Comments

GEu/garcia_emma·1mo

Good catch on the flows. Makes sense given the broader market uncertainty we've been seeing. Gold often gets that safe-haven bid.

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FAu/fatima98·1mo

Interesting. I'm not so sure it's purely defensive. Could also be some profit-taking in energy after the recent run, and gold simply hasn't had the same upside lately.

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