Gold ETFs Add $3 Billion in July Reversing Two-Month Outflow Streak

Global gold-backed exchange-traded funds (ETFs) attracted $3 billion in July, reversing two straight months of outflows and lifting total assets under management 1% to $530 billion. The turnaround coincided with gold ending a four-month losing streak, and the metal has carried that momentum into August. Europe Drives the July Turnaround Fund flows offer a close