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IShares Gold Fuels Big ETF Run As Mom-And-Pop Buyers Pile In (IAU)
FYI: Count on mom and pop investors to hold tight amid a pullback in gold prices.
Holdings in exchange-traded funds backed by bullion have increased for 19 straight sessions, the longest run since 2009, with the largest low-cost ETF leading the surge. BlackRock’s iShares Gold Trust attracted $364.9 million in the week through Thursday, the biggest five-day inflow since 2011. A relatively low expense ratio makes the fund attractive for retail investors. Regards, Ted https://www.fa-mag.com/news/ishares-gold-fuels-big-etf-run-as-mom-and-pop-buyers-pile-in-52148.html?print
