According to the latest available figures for the holdings in the major gold ETFs show that cumulative daily investment flows over the year netted out at $16.9 billion. Although we do not have all the figures up to the end of the year, the value of the gold content in the funds was approximately $61.3 billion, a gain of 84% over the year, reflecting an increase of 565 tonnes and a net price rise of $213/ounce.
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