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Updated 10:34 29/10/20

2016 sees record inflows into precious metals ETPs

By Samuel Gee, News Editor

08 Aug 2016

Barclays bank have confirmed that 2016 has already seen record-breaking amounts flowing into precious metals-based exchange-traded products.

In a year characterised by insecurity, the popularity – and value - of gold and other precious metals have risen significantly. Investors typically favour gold in times of uncertainty, preferring the security offered by an asset with a high intrinsic value. This has certainly been the case in 2016, with total precious metals-based ETPs up $50 billion since the start of the year.

The rising inflows into precious metals ETPs is arguably most significant because it demonstrates a changing attitude amongst investors who might not be typically attracted to physical gold. That investors in exchange-traded products are now showing a preference for assets based on gold and silver reflects their diminishing faith in other forms of investment.

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