More than 1,000 tons 😲

Although 2020 is not over, the year has already seen gold-backed ETFs (aka paper gold) hitting record after record:

• 10 months in a row of positive inflow.
• 1,000 tons of inflow (the previous record was 2009 with only 646 tons).
• A total of 3,880 tons of assets under management.

In the chart below, you can see the worldwide inflows of paper gold products:

So, with still a couple of months left before 2020 is over, we'll stay on the lookout (👀) for more groundbreaking records.