Investors seek gold ETFs for long-term exposure

World Gold Council investment managing director Jason Toussaint says the industry is experiencing a paradigm shift as investors view gold as a viable long-term asset class, rather than just a short-term safe-haven investment. He says: "With the latest shocks to global markets, currencies and equities, people understand the impact and effects of the financial crisis are very far from over. "There is sometimes a tactical move into gold, but the greater trend, borne out by the data, is increasing buying of gold for the long-term, rather than as a short term hedge." ETFs provide an eff...