BREAKING: Global Gold ETFs Record $3.0 Billion in July Inflows
Global physical gold-backed ETFs recorded $3.0B in inflows in July, their largest monthly intake since April.
Holdings increased by 23 tonnes to 4,068 tonnes, just below the all-time high of 4,176 tonnes reached on February 27.
• Europe: +$2.1B
• Asia: +$600M
• North America: +$71M
The rebound follows outflows of $2B in May and $9B in June.
Year-to-date, global gold ETFs have attracted $11.0B in net inflows, pointing to a sharp recovery in investment demand for gold.