14
by u/hugo.weber·19hNews

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 · 14 points

2 Comments

u/fatima98·2h

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.

11
u/garcia_emma·11h

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

10

More like this