Long-term investors' Gold positions resilient

March 5, 2018

London (Mar 5)  Standard Chartered said that long-term investors with big positions have been “resilient” when it comes to gold.

 Analysts noted that largest gold exchange-traded-product holders have halved their gold exposure over the past five years.

 The latest [Securities and Exchange] 13F filing requirements show that at the peak, the top 15 holders held a 12% share of all ETPs. This has now fallen to 7%, with most holders scaling back exposure, but a fifth increasing exposure.

 Importantly, all bar one have maintained exposure to gold, reaffirming long-term gold investors’ resilience. The data for Q4 2017 shows fewer newcomers in the top 15 buyers for the quarter, but gold nonetheless continues to attract new investors.


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