Gold ETFs Soar as Russia Probe Closes In on Trump's Inner Circle
- Holdings climb to 71.9 million ounces, highest since 2013
- SPDR Gold attracts $351 million, most since September
Flows Show Gold ETFs Are Riding the 'Wall of Worry'
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As U.S. political turmoil mounted, investors ran to gold.
On Friday, holdings in exchange-traded funds backed by bullion jumped to 71.9 million ounces, the highest since May 2013, according to the latest data compiled by Bloomberg. SPDR Gold Shares, the biggest gold-backed ETF, attracted the most money since September as the Trump-Russia probe escalated.