At GOLD AVENUE, it is our belief that you don't own gold if you rely on paper gold products.

Nevertheless, the paper market, due to its liquidity in comparison with the physical market, is often at the forefront of upcoming trends.

The chart above represents the flows in and out of gold-backed ETFs for the last 2 years.

We can see that from May 2019, before the COVID-19 crisis, the inflows had started to pick up in strength.

As of April 2020, we have reached a new all-time high in terms of gold-backed ETFs, with an accumulated amount of 3,355 tons.

Photo credit: QuoteInspector.com