The SMO Physical Gold ETC (BARS), marketed by Tabula and managed by Zipa Investment Management, has collapsed from over $1 billion to just $5.6 million in assets after abrupt redemptions this month. The ESG-linked gold fund initially attracted strong interest with its “responsibly sourced” pitch, but the sudden exodus—potentially tied to one large investor—has left it nearly empty. Unlike BARS, rival gold ETCs are still seeing inflows, suggesting this is a product-specific issue rather than a market-wide trend.

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Silver Jewelry or Bullion? A Buyer’s Guide to the Real Difference
Silver hit an all-time high of $121.67 in January 2026, yet many buyers still overpay for silver jewelry when bullion would serve them far better. Here’s how to tell the difference — and why it matters for your wallet.




