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REUTERS/Denis Balibouse/File Photo Acquire Licensing RightsLONDON, Oct 31 (Reuters) - Global gold demand excluding over-the-counter (OTC) trading slipped 6% in the third quarter as central bank buying fell short of last year's record levels and consumption by jewellers declined, the World Gold Council (WGC) said on Tuesday. Gold demand shot to an 11-year high in 2022 due to the biggest central bank purchases on record. "With geopolitical tensions on the rise and an expectation for continued robust central bank buying, gold demand may surprise to the upside," said Louise Street, senior markets analyst at the WGC. Central bank demand totalled 337.1 tons, down from a record 458.8 tons a year before. QUARTERLY GOLD SUPPLY AND DEMAND (tonnes)** Source: World Gold Council, Gold Demand Trends Q3 2023Reporting by Polina Devitt; Editing by Jan HarveyOur Standards: The Thomson Reuters Trust Principles.

Persons: Denis Balibouse, Louise Street, Polina Devitt, Jan Harvey Organizations: REUTERS, Gold Council, Gold, Thomson Locations: Mendrisio, Switzerland, Central, Europe

☆ Indian gold demand loses lustre in peak festive season as prices rally
▼ + stars: | 2023-10-31 | by ( Rajendra Jadhav | ) www.reuters.com time to read: +2 min

India is the world's second-largest gold consumer, and a drop in purchases could limit a rally in global prices . Local gold prices jumped this week to 61,396 rupees per 10 grams, near the all-time high of 61,845 rupees hit earlier this year. In the December quarter, demand is expected to be lower than last year's 276.3 metric tons, Somasundaram said. From January to September, gold demand fell by 3.3% to 481.2 metric tons due to sluggish demand in the first half. In 2023, demand could fall to around 700 metric tons, the lowest in three years, down from 774.1 metric tons a year ago, he said.

Persons: Anushree, Somasundaram, Rajendra Jadhav, Miral Organizations: REUTERS, Rights, Gold Council, PR, Thomson Locations: Delhi, India, Rights MUMBAI

☆ Brilliant Biles wins two more golds on final day at worlds
▼ + stars: | 2023-10-08 | by ( ) www.reuters.com time to read: +3 min

Biles posted a total of 14.800 in the balance beam final for her impeccable routine ahead of China's Zhou Yaqin with 14.700. Brazilian Rebeca Andrade, who beat Biles on Saturday to gold in the women's vault, posted 14.300 for bronze. The American claimed her second gold of the day in the floor final with 14.633, 0.133 points ahead of second-placed Andrade. "I wasn't too worried about medal count or medal colour," Biles said. She also won gold on balance beam and floor exercise after clinching silver on vault.

Persons: Simone Biles, Yves Herman Acquire, Biles, China's Zhou, Rebeca Andrade, Andrade, Flavia Saraiva, I’m, JARMAN Jake Jarman, Britain's, Jarman, Young, Germany's Lukas Dauser, Japan's Daiki Hashimoto, Anita Kobylinska, Ken Ferris Organizations: Rights, U.S, Young, Thomson Locations: Antwerp, Belgium, Rights ANTWERP, China's, American, Gdansk

☆ Sen. Bob Menendez allegedly had a stash of gold bars. That’s become a trend
▼ + stars: | 2023-09-22 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +3 min

New York CNN —Sen. Bob Menendez, allegedly accepted gold bar bribes, prosecutors allege, according to a newly unsealed federal indictment. The value of a kilogram of gold hit a one-year-record high of nearly $66,000 in May, according to data Goldprice.org. If you can invest in gold, why do people want to physically own it? That’s because if, for instance, you invest in a gold ETF, “it’s still tied to the market,” he said. Other people who prefer to keep gold under their own roof store it in a gun safe or floor safe, he added.

Persons: New York CNN — Sen, Bob Menendez, It’s, Menendez didn’t, Jonathan Rose, ” Rose, Rose, Fitch, ”, it’s Organizations: New, New York CNN, Genesis Gold, Western Alliance, CNN, World Gold Council, IRS Locations: New York, “, Beverly Hills , California

☆ Biles to compete in sixth world championships
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +1 min

Gymnastics Championships at SAP Center. Mandatory Credit: Kyle Terada-USA TODAY/File Photo Acquire Licensing RightsSept 21 (Reuters) - Simone Biles is set to compete in her sixth world championships this month after posting the top all-around score at a U.S. qualifying competition, USA Gymnastics said on Wednesday. Biles, a four-times Olympic champion and 19-times world gold medallist, headlines the five-woman team heading to Antwerp, Belgium, where she won the first of her five world all-around titles in 2013 at the age of 16. Biles will become the first woman to represent the U.S. at six artistic world championships, according to USA Gymnastics, after earning automatic qualification by topping the all-around standings at this week's two-day selection camp in Katy, Texas. She will be joined by Shilese Jones, Leanne Wong and Skye Blakely - all part of the team that won last year's world championships - and 17-year-old Joscelyn Roberson.

Persons: Simone Biles, Kyle Terada, Biles, Shilese Jones, Leanne Wong, Skye Blakely, Joscelyn Roberson, Hritika Sharma, Peter Rutherford Organizations: SAP Center, USA, Paris Games, Thomson Locations: San Jose , California, USA, Antwerp, Belgium, U.S, Katy , Texas, Tokyo, Hyderabad

☆ Investors have shifted to gold by the most since 2012, driven by central banks' buying spree, JPMorgan says
▼ + stars: | 2023-09-07 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

As central banks pile up gold reserves, investors are also accumulating the precious metal, JPMorgan reports. But its uncertain the central bank momentum will last, with buy ups normalizing last quarter. Since Russia's invasion of Ukraine in early 2022, foreign central banks have added to their gold reserves in an effort to be less dependent on the US dollar. However, this could have been due to turmoil in Turkey's local gold market, causing its central bank to increase sales. Central bank demand has driven the commodity's price beyond what would be suggested by real 10-year Treasury yields.

Organizations: JPMorgan, Service, World Gold, outflows Locations: Wall, Silicon, Ukraine, Russia, Central

☆ U.S. men claim crushing victory in 4x400m relay
▼ + stars: | 2023-08-27 | by ( Mitch Phillips | ) www.reuters.com time to read: +1 min

Athletics - World Athletics Championship - Men's 4x400m Relay Final - National Athletics Centre, Budapest, Hungary - August 27, 2023 Quincy Hall, Justin Robinson, Rai Benjamin and Vernon Norwood of the U.S. celebrate after winning the Men's 4x400m Relay REUTERS/Sarah Meyssonnier Acquire Licensing RightsBUDAPEST, Aug 27 (Reuters) - The United States maintained their vice-like grip of the men’s 4x400 metres relay on Sunday when they emphatically won their ninth world gold from the last 10 finals. The U.S., who have also won four of the last five Olympic golds, came home well clear in 2:57.31. France took silver as a national record 2:58.45 gave them their first medal of the championships in the penultimate event. Britain took bronze in 2:58.71, holding off back to back silver medallists Jamaica. Reporting by Mitch Phillips, editing by Pritha SarkarOur Standards: The Thomson Reuters Trust Principles.

Persons: Justin Robinson, Rai Benjamin, Vernon Norwood, Sarah Meyssonnier, Mitch Phillips, Pritha Sarkar Organizations: National Athletics Centre, REUTERS, Rights, United, Quincy Hall, Jamaica, Thomson Locations: Budapest, Hungary, United States, U.S, France

☆ Peerless Kipyegon cruises to third 1500m world gold
▼ + stars: | 2023-08-22 | by ( Mitch Phillips | ) www.reuters.com time to read: 1 min

BUDAPEST, Aug 22 (Reuters) - Kenyan middle-distance superstar Faith Kipyegon capped a year that brought her a hat-trick of world records by claiming a treble of world 1,500 metres gold medals as she ran a perfect race to come home in 3:54.87 on Tuesday. Kipyegon, the double Olympic champion, has not lost over the distance for two years. Still only 29, Budapest is her sixth world championships and she now has a remarkable haul of three golds, two silvers and a fifth place on her debut in 2013. Ethiopia's Diribe Welteji was the best of the rest as she took silver in 3:55.69, with Sifan Hassan of the Netherlands finishing well for bronze in 3:56.00. Reporting by Mitch Phillips, editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

Persons: Faith Kipyegon, Kipyegon, Ethiopia's Diribe Welteji, Sifan Hassan, Mitch Phillips, Ken Ferris Organizations: Thomson Locations: BUDAPEST, Kenyan, Budapest, Netherlands

☆ Morocco's El Bakkali retains 3,000m steeplechase world title
▼ + stars: | 2023-08-22 | by ( Lori Ewing | ) www.reuters.com time to read: +2 min

[1/4] Athletics - World Athletics Championship - Men's 3000m Steeplechase Final - National Athletics Centre, Budapest, Hungary - August 22, 2023 Gold medallist Morocco's Soufiane El Bakkali celebrates with his medal after winning the final REUTERS/Aleksandra Szmigiel Acquire Licensing RightsBUDAPEST, Aug 22 (Reuters) - Olympic gold medallist Soufiane El Bakkali of Morocco claimed his second consecutive world championship title in the men's 3,000 metres steeplechase on Tuesday. "After winning in Eugene last year, I am really proud to bring home another gold," said El Bakkali. "I am satisfied with every single race against El Bakkali," Girma said. "I still aim to win gold at the World Championships or Olympic Games. In any case, I continue fighting and dreaming about world gold."

Persons: Morocco's Soufiane El, Aleksandra Szmigiel, Soufiane El, Lamecha Girma, Eugene, El Bakkali, Girma, Abraham Kibiwot, Leonard Kipkemoi Bett, Kibiwot, Lori Ewing, Ken Ferris Organizations: National Athletics Centre, Rights, Olympic Games, Paris Diamond League, El, Olympic, Thomson Locations: Budapest, Hungary, Morocco's Soufiane El Bakkali, Soufiane El Bakkali, Morocco, Ethiopia, Paris

☆ Robust equities erode gold's safe-haven allure as ETF holdings fall
▼ + stars: | 2023-08-21 | by ( Deep Kaushik Vakil | ) www.reuters.com time to read: +2 min

(Reuters) -Receding fears of a U.S. slowdown, surging bond yields and the robust performance of equities have gradually eroded the appeal of exchange-traded funds (ETF) backed by traditional safe-haven gold this year, despite sticky inflation. The biggest ETF, SPDR Gold Trust, saw holdings dwindle to pre-pandemic levels. [GOL/ETF]Investors typically buy gold during times of financial and economic uncertainty and rising inflation. [GOL/]“Gold has fallen into disfavour as a hedge against economic uncertainty for many institutional investors,” said Ross Norman, chief executive of Metals Daily. Equities have outperformed gold despite higher interest rates, while rival safe-haven Treasury bonds have attracted investors away from gold, which doesn’t earn any interest or dividends.

Persons: Ilya Naymushin, ”, Ross Norman, Carsten Menke, Julius Baer, Gold, Philip Newman, Newman, hasn’t Organizations: Reuters, REUTERS, World Gold Council, Investors, U.S, Metals Daily, U.S . Federal, Treasury, Metals Locations: U.S, Siberian, Krasnoyarsk, Russia, disfavour, “

☆ American Richardson claims world gold in women's 100m
▼ + stars: | 2023-08-21 | by ( Mitch Phillips | ) www.reuters.com time to read: +2 min

[1/5] Athletics - World Athletics Championship - Women's 100m Final - National Athletics Centre, Budapest, Hungary - August 21, 2023 Sha'carri Richardson of the U.S. celebrates after winning the women's 100m final REUTERS/Sarah Meyssonnier Acquire Licensing RightsBUDAPEST, Aug 21 (Reuters) - United States sprinter Sha'Carri Richardson finally delivered on three years of promise when she overcame the challenge of being stuck out in lane nine by delivering a late surge to win world 100 metres gold on Monday. Richardson clocked 10.65 seconds after catching Jamaica's Shericka Jackson, who took silver in 10.72. Jamaican Shelly-Ann Fraser-Pryce, who was seeking a remarkable sixth world 100m title at the age of 36 after an injury-hit season, had to settle for bronze in 10.77. Jackson, in lane four, had opened a clear gap and was still ahead at 80 metres before Richardson swept through and raised her arm in triumph. Richardson is the first U.S. winner of the women's 100 since the triumph in 2017 of Tori Bowie , who died this year aged 32.

Persons: Sha'carri Richardson, Sarah Meyssonnier, Sha'Carri Richardson, Richardson, Jamaica's Shericka Jackson, Shelly, Ann Fraser, Pryce, Jackson, Tori Bowie, Mitch Phillips, Ken Ferris Organizations: National Athletics Centre, Rights, United, Tokyo, Thomson Locations: Budapest, Hungary, United States, Eugene, Jackson

☆ Triple jumper Zango soars to Burkina Faso's first-ever world gold
▼ + stars: | 2023-08-21 | by ( Lori Ewing | ) www.reuters.com time to read: +1 min

BUDAPEST, Aug 21 (Reuters) - Burkina Faso's Hugues Fabrice Zango soared to victory in the men's triple jump for the country's first-ever World Athletics Championships gold on Monday, while 18-year-old title favourite Jaydon Hibbert of Jamaica pulled out injured. 2 in the world, jumped 17.64 metres on his fifth of six attempts to overtake Cuba's Lazaro Martinez, who won silver with 17.41 after fouling on three of his attempts. The 30-year-old Zango won his country's first Olympic medal with bronze in Tokyo. He was the silver medallist at the 2022 worlds and third in 2019. Hibbert, who has the best jump in the world this season - 17.87 - ran through the pit on his first attempt and clutched his hamstring.

Persons: Burkina Faso's Hugues Fabrice Zango, Jaydon Hibbert, Jamaica, Zango, Cuba's Lazaro Martinez, Martinez, Cristian Napoles, Hibbert, Lori Ewing, Ken Ferris Organizations: Thomson Locations: BUDAPEST, Tokyo

☆ American Lyles delivers with 100m world gold
▼ + stars: | 2023-08-20 | by ( Mitch Phillips | ) www.reuters.com time to read: +3 min

Fourth-placed Oblique Seville of Jamaica was three thousandths of a second off the podium as all three men clocked 9.88. Tebogo, 20, is the first African to win a world 100m medal, while Hughes, the fastest in the world coming into the championships with 9.83, is the first Briton on the men's 100m podium since Darren Campbell took bronze 20 years ago. "I needed to make sure that I was accelerating and when I was at 60 metres I took the lead," Lyles said. The two-times world champion in the 200m will now go for the sprint double, last achieved by Usain Bolt in 2015, before hoping to sign off with a win in the sprint relay. Defending 100m world champion Fred Kerley of the U.S. failed to qualify for the final after running 10.02 in the semis.

Persons: Noah Lyles, Marton Monus, Hughes, Kerley, Briton Zharnel Hughes, Christian Coleman, Darren Campbell, Lyles, COVID, Usain Bolt, I's, Fred Kerley, Mitch Phillips, Toby Davis, Pritha Organizations: National Athletics Centre, Briton, Tokyo Olympics, Thomson Locations: Budapest, Hungary, U.S, BUDAPEST, Botswana, Seville, Jamaica, United States

☆ Here's how to invest $100,000 right now, according to billionaire Mike Novogratz
▼ + stars: | 2023-08-01 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

Billionaire Mike Novogratz would put $100,000 in Alibaba stock, silver, gold, ether, and bitcoin. That advice is for young and risk-tolerant investors, he told David Rubenstein on Bloomberg TV. But for more risk-averse investors, Novogratz said they should mainly focus on bonds. I'd be buying silver, gold, bitcoin and ethereum. His preferred assets have made gains year to date, with Alibaba up 12%, gold 7.7%, silver 3.5%, ether 52.5%, and bitcoin 74.4%.

Persons: Mike Novogratz, David Rubenstein, Novogratz, That'd, bitcoin, Larry Fink's, Fundstrat Organizations: Bloomberg, Service, Privacy, Galaxy Digital Locations: Wall, Silicon, Beijing, BlackRock

☆ Why substituting cryptocurrency for gold exposure may be a costly mistake
▼ + stars: | 2023-07-29 | by ( Lina Hassen | ) www.cnbc.com time to read: +2 min

State Street Global Advisors' George Milling-Stanley, whose firm runs the world's largest gold exchange-traded fund, believes cryptocurrency is no substitute for the real thing due its vulnerability to big losses. Milling-Stanley's firm is behind SPDR Gold Shares , the world's largest physically backed gold ETF. Milling-Stanley believes gold's 6,000-year history as a monetary asset serves as a significant sample basis to understand the benefits of investing in gold. But Milling-Stanley believes the economic backdrop bodes well for gold — recession or not. It's known as the world's largest consumer of gold jewelry behind India, according to the World Gold Council.

Persons: George Milling, Stanley, cryptocurrency, CNBC's, gold's, It's, Gold Organizations: Street Global Advisors, World Gold, it's Locations: China, India, It's Vietnam, it's Indonesia, it's Thailand, Korea

☆ Countries are so spooked by de-dollarization and the Western sanctions against Russia, they are increasingly moving gold assets back home for safekeeping
▼ + stars: | 2023-07-10 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

41% of surveyed central banks and sovereign funds expect to increase gold holdings in the next three years. 2 out of 5 cited concerns about their central bank assets being frozen — such as in the case of Russia. Central banks snapped up a record 1,136 metric tons of gold in 2022. But central banks appear to be less willing to keep their physical gold assets in storage overseas, with just under 70% of respondents now keeping the reserves at home. The US dollar has been the world's reserve currency since the Second World War, playing a crucial role in the world's trade and financial system.

Persons: Invesco, we've Organizations: Service, Russia, Gold, West Locations: Russia, Central, Wall, Silicon, Ukraine, London

☆ China continues to de-dollarize reserves as gold stockpile climbs for 8th straight month
▼ + stars: | 2023-07-07 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

China's central bank added 23 tons of gold to its reserves in June, marking an eighth consecutive increase. Now, the People's Bank of China holds 2,330 tons of gold in its reserves, according to official data cited by Bloomberg. The gold stockpiling comes amid the country's bid to erode the dollar's global dominance as well as growing economic and geopolitical uneasiness. According to a World Gold Council report from May, 62% of central banks estimate that gold will make up a greater share of reserves in the next five years. At June's end, the central bank held $3.193 trillion.

Persons: — Organizations: Service, People's Bank of China, Bloomberg, Gold, Official Monetary, Financial, Forum, International Monetary Fund Locations: Russia, Ukraine, Moscow

☆ Wheaton CEO touts precious metals' staying power, calling gold 'a measure of value that lasts'
▼ + stars: | 2023-06-08 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Randy Smallwood, the CEO of precious metals streaming company Wheaton, told CNBC's Jim Cramer on Thursday that gold and silver have perpetual power on the market due to their very nature as one of the world's oldest currencies. "I mean that's what gold has been forever, a store of value, a measure of value that lasts," Smallwood said. But Smallwood said the company expects to see 50% growth by 2027, or close to a million gold equivalent ounces. As a streaming company, Wheaton funds mining operations in order to then buy metals at a discount. Although Smallwood is the chair of the World Gold Council, his favorite metal is silver, which is harder to find than its flashy counterpart because there are fewer silver mines in the world, he said.

Persons: Randy Smallwood, CNBC's Jim Cramer, Smallwood, Wheaton, there's Organizations: Wheaton, World Gold Council Locations: Wheaton

☆ China stretched its gold-buying spree into the 7th straight month in May, signaling more central bank de-dollarization
▼ + stars: | 2023-06-07 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

It's not alone in boosting its gold holdings, as central banks shed dollar reserves. The country's central bank purchased 16 tons of the reserve commodity last month, continuing a trend started in November. According to a WGC survey from May, half of central banks expect the dollar's share of reserves to continue sliding, accounting for 40-50% in the next five years. The same survey found that a quarter of central banks intend to add to their gold holdings over the next year. China ended May with $3.18 trillion in foreign currency reserves, compared with April's $3.20 trillion, data from the People's Bank of China showed.

Persons: It's, — Organizations: Service, Bloomberg, Gold, China, People's Bank of China Locations: China, Russia, Ukraine, Singapore

☆ China's economy isn't rebounding as fast as anyone expected
▼ + stars: | 2023-05-31 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

While I personally won't be flying internationally anytime soon, we're diving into China's lethargic economy for today's newsletter. The much-anticipated economic rebound hasn't quite materialized for China in the way many had expected. The sluggish recovery has embedded itself in nearly every corner of the world's second-largest economy, even in some of the most obscure commodities markets. The CSI 300 index has slipped over recent weeks, and luxury brands reliant on China's large consumer base have tumbled. What's your outlook on China's economy for the rest of 2023?

Persons: I'm Phil Rosen, Jamie Dimon, Tesla, China Tuul, Bruno Morandi, Rockefeller International's Ruchir Sharma, Nicholas Lardy, Lardy, Filip De Mott, Tweet, Sheldon Cooper, Nordstrom, Goldman Sachs, there's, that's, Phil Rosen, Jason Ma, Nathan Rennolds Organizations: JPMorgan, Peterson Institute for International Economics, Getty, World Gold, Fed, Nvidia, Microsoft, Saudi Aramco Locations: Elon, China, Washington, Shanghai, Shenzhen, . Utah , Colorado, Scottsdale, Saudi, New York, Los Angeles, London

☆ Here are 3 reasons to buy gold, according to UBS
▼ + stars: | 2023-05-18 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Gold stumbled this month after a strong start to the year. However, UBS Global Wealth Management sees more upside ahead. The precious metal is down about 2% in May, as optimism around a possible U.S. debt ceiling deal grows. "Based on the 1Q23 data from the World Gold Council, central banks are on track to buy around 700 metric tons of gold this year, much higher than the average since 2010 of below 500 metric tons," he wrote. Dollar weakness: The dollar index, which tracks the U.S. currency's performance against six others, is down 0.2% over the past year, which should be supportive for gold prices.

☆ Shell company stock hijacker Mark Miller sentenced to year in prison
▼ + stars: | 2023-05-18 | by ( Dan Mangan | ) www.cnbc.com time to read: +5 min

Lengeling told Doty it "felt like we got punched in the gut, quite frankly" when he recently learned prosecutors were asking that Miller spend a year in prison for the penny stock scheme. In addition to his prison term, which Miller is expected to start serving in August, Doty sentenced Miller to two years of supervised release after he completes his time locked up. Miller and Jaberian, as well as an unidentified person related to Miller, became the nominal CEOs and presidents of the targeted companies, prosecutors say. Miller voluntarily dropped a suit related to efforts to take over New World Gold soon after CNBC reported his involvement with that company. Doty sentenced him on May 10 to two years of probation.

☆ Central bank gold demand hits first-quarter record, investments surge on U.S. banking turmoil
▼ + stars: | 2023-05-05 | by ( Elliot Smith | ) www.cnbc.com time to read: +2 min

The process of crafting gold is seen at the Krastsvetmet company, one of the world's largest producers of precious metals in Moscow, Russia on January 31, 2023. Demand for gold among central banks notched a first-quarter record high in the three months to the end of March as overall global demand painted an otherwise "mixed picture," according to the World Gold Council. Total gold demand, however, was up 1% from the first quarter of 2022 thanks to a recovery in the OTC market. Louise Street, senior market analyst at the World Gold Council, told CNBC on Thursday that this was a continuation of trends that saw central bank gold buying soar to an 11-year high in 2022. The WGC expects demand among central banks to moderate this year after 2022's spike, though noted that where previous buying had been concentrated in developing markets, more developed financial centers were now increasing their demand.

☆ Record-holder Shiffrin looks to break new ground in downhill
▼ + stars: | 2023-04-27 | by ( Amy Tennery | ) www.reuters.com time to read: +3 min

Shiffrin surpassed Swedish great Ingemar Stenmark's record with an 87th World Cup win last month and then extended her haul to 88 titles as she etched her name in the pantheon of sporting greats. A slalom specialist by trade, having won 53 of her World Cup golds in the event compared to just three in the downhill - the 28-year-old wants to broaden her skillset. "I don't think I could ever switch from slalom to downhill. But I do feel like I want to branch more into exploring what my abilities are in downhill," said Shiffrin. So I feel, like, quite comfortable - slalom giant, slalom super-G - but downhill is a little bit of an unexplored world for me."

☆ Gold and mining ETFs are surging as the precious metal flirts with a record high
▼ + stars: | 2023-04-07 | by ( Jesse Pound | ) www.cnbc.com time to read: +2 min

Over the past month, the SPDR Gold Shares ETF (GLD) has pulled in more than $1 billion of new money, according to FactSet. The iShares Gold Trust (IAU) , SPDR Gold MiniShares Trust (GLDM) , Abrdn Physical Gold Shares ETF (SGOL) and Goldman Sachs Physical Gold ETF (AAAU) have pulled in more than $400 million combined. Funds comprised of gold mining stocks have also been popular, with the VanEck Gold Miners ETF (GDX) pulling in about $200 million. GDX YTD mountain Gold mining ETFs are rallying in 2023. The gold mining funds from Sprott ( SGDM ) and iShares ( RING ) have seen similarly strong performance.

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