Bank of Korea Breaks 13-Year Streak With Gold ETF Purchase

AI Summary The Bank of Korea has disclosed a $250 million position in a gold exchange-traded fund (ETF). The stake marks its first gold-linked investment in 13 years. The move gives South Korea’s central bank exposure to gold prices without expanding its physical bullion reserves. Filing Shows a $250 Million Gold ETF Position The BOK held 679,765 The post Bank of Korea Breaks 13-Year Streak With Gold ETF Purchase appeared first on BeInCrypto . fulltext: 442 chars | fulltext source: rss-fallback | summary method: extractive Original: https://beincrypto.com/bank-of-korea-gold-etf-purchase/ Source: BeInCrypto