Global Gold ETFs See Continued Growth in August

In August, people continued to invest in gold ETFs, marking the third month of global inflows and the fourth in India.

The WGC reported that North American and European funds led the global inflows.

Global gold ETF assets hit a record high, and total gold holdings are the highest since July 2022.

These investments were influenced by trade risks, market uncertainty, and expectations of lower interest rates.

Investors are building safe havens.

OTC trading activities also rose, while Asian flows were negative due to the strength of equities in China.