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Home News US Bank: Gold Fund Inflows in Past 4 Months Exceed Prior 14-Year Total, Reach $50 Billion

US Bank: Gold Fund Inflows in Past 4 Months Exceed Prior 14-Year Total, Reach $50 Billion

US Bank: Gold Fund Inflows in Past 4 Months Exceed Prior 14-Year Total, Reach $50 Billion

BlockBeats News, October 24, Bank of America: Gold inflows in the past 4 months ($50 billion) have exceeded the sum of all inflows in the previous 14 years. In the week ending this Wednesday, gold inflows reached $8.7 billion, the largest single-week inflow on record.

Furthermore, cryptocurrency outflows were $300 million, marking the first outflow in 10 weeks. U.S. stock inflows were $14.7 billion, and bond inflows were $17.2 billion. (Jinse)

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