Gold ETFs Archives | Be Korea-savvy

Retail Investors Flock to Gold ETFs Amid Market Volatility

SEOUL, Nov. 20 (Korea Bizwire) – South Korean retail investors have been scooping up gold exchange-traded funds (ETFs) this month, data showed Thursday, as they searched for safer assets amid a volatile stock market. Individual investors purchased a net 5.4 trillion won (US$3.7 billion) of ACE KRX Gold Spot ETFs from Nov. 3 until Wednesday, [...]

Gold ETFs Surge as Prices Hit Record Highs, Defying Market Logic

SEOUL, Oct. 20 (Korea Bizwire) — Gold prices are soaring to record levels, propelling gold-related exchange-traded funds (ETFs) in South Korea to an average monthly return of more than 20 percent — even as the domestic stock market hits new highs. The unusual parallel rise of risky assets such as equities and traditional safe havens like [...]