World Gold Council data has shown that gold ETFs saw inflows for the ninth consecutive month in August, albeit at the slowest pace for 2020.
New data from the World Gold Council shows that gold is performing well as COVID-19, concluding that gold is fulfilling its role as an indispensable central bank reserve asset.
As COVID-19 shook global markets, holdings in gold-backed ETFs reached all-time highs this month with net inflows up by 5% (US$8.1 billion), according to new World Gold Council data.
LKA Gold Inc. reports that Kinross has informed the Company of its decision to terminate its exploration programme at LKA's Golden Wonder mine.
The Company is in the process of mobilizing one drill rig to the deposit, which is based within the Colombian copper-gold San Matias project.