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Benzinga
Benzinga
Business
Chandrima Sanyal

Gold Overtakes Stocks As Investor Favorite — Massive ETF Inflows Signaled Market Jitters Last Week

gold

Investors went defensive during the week, investing in gold and fixed-income funds as U.S. equity ETFs experienced a rare episode of outflows. For the week ended Oct 17, U.S.-listed ETFs recorded a net inflow of $1.1 billion, according to FactSet data, although the mix of flows painted a risk-off picture.

• GLD shares are sliding. See the full story here.

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