Gold rode the US markets last week as equities got roiled, pulling the S&P 500 down 4.69%, ETF Express reports. Gold prices increased 6.02%. The total U.S. ETP inflows from all products amounted to $1.1 billion, compared to $7.5 billion of outflows the week before. Commodity ETPs ended the week with $2.0 billion in inflows, largely driven by gold products with $1.9 billion. Fixed-income funds witnessed $2.0 billion of inflows, led by IG funds with $1.6 billion. Among long only U.S. ETPs, risk off trades led to outflows for in equity products of $3.1 billion in the week, the fourth straight week of losses.

Click here for the story from ETF Express.