Asian gold-backed ETF flows have reversed, moving positive on the year
Gold was higher last week (XAU +1.1%, LBMA +1.2%), as markets were volatile, and the US 2/10 curve turned negative, which has historically often preceded a recession.
Adam Perlaky
Manager of Investment Research
World Gold Council
Adam joined the World Gold Council in early 2017 and works in investment research. Most recently, he was a managing director and head of ETF Research for Market Realist, a financial technology company. Before that, he was the Chief Strategist at New Albion Partners, a boutique investment brokerage firm. Adam spent over a decade as a hedge fund portfolio manager and trader with a focus on derivatives and volatility strategies.
Adam studied at Pomona College in California where he earned a double major in Economics and Psychology.
