Investors are still piling into gold funds: World physical-backed gold ETFs saw +$8.2 billion in net inflows last month, the 5th-largest in at least 2 years. This follows +$17.3 billion in September and marks the 5th consecutive monthly inflow. Asian investors led the October move with +$6.1 billion of inflows, the 2nd-strongest month on record. China alone reflected +$4.5 billion of the total Asian inflows. Year-to-date, gold ETFs have attracted +$72.3 billion, on track for their strongest year on record. The gold rush shows no signs of slowing.