3 weeks ago
Gold ETF inflows net positive for third straight week
Gold is a shiny metal that many people like to keep because it feels safe to own.
Some people invest in gold through special funds called gold ETFs, which hold real gold.
Last week, more money went into these gold funds than came out of them.
That is the third week in a row this has happened.
Gold prices also went up a lot last week, by about 6.6 per cent.
This happened because fewer people found jobs in the United States than expected, so experts think the US central bank may not raise interest rates as much.
Investors in the US, China and the United Kingdom bought the most gold, while some investors in Canada sold some of theirs.
This year so far, gold investors have put in much more money than they have taken out.
Even though gold is worth less than it was at its highest point this year, many people still see it as a safe place to keep money when the world feels uncertain.
Gold ETF net inflows reached $3.04 billion in the week ended August 7, marking a third consecutive week of positive inflows.
Weekly inflows were $4.38 billion and outflows $1.33 billion, with investments led by the US, China and the UK, while Canadian investors redeemed $526 million.
Gold surged roughly 6.6 per cent to near $4,350 an ounce after July US payrolls fell by 23,000, cutting September Fed rate-hike odds to 44 per cent.
Year-to-date net gold ETF investments stand at $13.69 billion, with China at $7.12 billion and India at $3.96 billion.
Gold, which hit a record high of $5,608 an ounce on January 29, has since shed 23 per cent on fears of inflation, a Fed hike and rising bond yields.
- Who
- Global investors in gold ETFs, led by those in the US, China and the UK, with commentary from market experts Prithviraj Kothari and Darshan Desai.
- What
- Gold exchange-traded funds (ETFs) recorded a third consecutive week of net positive inflows, totalling $3.04 billion.
- Where
- Global markets, with major activity in the US, China, the UK, India and Canada; gold was trading around $4,332 an ounce on Monday.
- When
- Week ended August 7; the report was published on August 10, 2026.
- Why
- Gold rose about 6.6 per cent after weak July US jobs data lowered expectations of a Fed rate hike, while geopolitical tensions such as the situation around the Strait of Hormuz boosted gold's appeal as a safe-haven asset.
Key facts
- Net inflows (week ended Aug 7)
- $3.04 billion
- Weekly inflows / outflows
- $4.38 billion / $1.33 billion
- Year-to-date net inflows
- $13.69 billion
- Gold price (Monday)
- ~$4,332 per ounce
- Weekly gold price gain
- ~6.6%
- Record high (January 29)
- $5,608 per ounce
- Decline since record high
- 23%
- September Fed rate-hike odds
- 44% (down from 55%)
Quotes
Prithviraj Kothari
Managing Director at RiddiSiddhi Bullions Ltd and President of India Bullion and Jewellers Association Ltd
“While some profit‑booking may emerge amid a stronger dollar, investors continue to view gold as an important store of value amid global economic and geopolitical uncertainty.”
thehindubusinessline.com
“Gold’s $3,950–4,000 levels are the support zone.”
thehindubusinessline.com










