Gold just got a very bullish sign from investors who are returning to the precious metal in a big way.
SPDR Gold Shares, the largest bullion-backed exchange-traded fund, on Friday recorded its biggest net inflow in dollar terms since listing in 2004 -- worth $1.63 billion. Changes in ETF holdings are monitored as a gauge of investor interest in longer-term bets on gold. Holdings declined in 2021, a lackluster year for gold prices.