How ETFs Alter the Dynamics of Gold
Through exchange-traded funds, retail investors get easier access to gold — and more influence on the metal’s price.
Matt Mossman
December 17, 2025
Gold bangles are displayed for sale at a Chow Sang Sang Holdings International Ltd. jewelry store in the Mongkok district of Hong Kong, China, on Thursday, Jan. 30, 2014. Demand for gold jewelry and bars in India, Indonesia, Vietnam and Greater China, including Hong Kong and Taiwan, increased to about 60 percent of the global total in 2013 from 35 percent in 2004, HSBC Holdings Plc said in an Oct. 18 report. Photographer: Lam Yik Fei/Bloomberg
Lam Yik Fei/Bloomberg
