The new gold play as investors look to hedge against risk, volatility

Global gold ETFs saw inflows of $3.2 billion in July, according to data from the World Gold Council, on track for its second-strongest year on record."We are seeing unprecedented levels in terms of interest for the gold market, in particular gold-backed exchange-traded funds," Joe Cavatoni, World Gold Council managing director, told CNBC's Leslie Picker on a recent edition of CNBC's " ETF Edge ."This year, the tailwinds around tariffs and inflation have pushed the precious metal to a string of record highs. ...