World Gold Council: Global gold ETFs saw net inflows of $8 billion in the first half of the year
Svmuu News: A report from the World Gold Council shows that listed funds across all regions of the world continued to see outflows in June (-$8.9 billion), but thanks to strong performance in Asian markets, global gold ETFs as a whole still recorded net inflows of $8 billion in the first half of the year. As of the end of June, global gold ETF assets under management stood at $526 billion, down 6% in the first half of the year, primarily due to lower gold prices; total holdings increased by 18 metric tons in the first half of the year, reaching 4,047 metric tons. Trading volume in the gold market declined somewhat in June, but the average daily trading value for the first half of the year still reached a record high of $488 billion. (Jin Shi)
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Aethir (ATH) Token Value Analysis: Decentralized Cloud Computing Project Potential and Risk Assessment
-
2
What is WKAI? Wrapped KardiaChain (WKAI) Project Analysis and Risk Warning
-
3
HYN (Hyperion) Analysis: Decentralized Map Project Status and Market Activity Review
-
4
Bitcoin rises above $77,000, bucking tech selloff driven by AI safety concerns and rising oil prices
-
5
NOAH Coin Analysis: Distinguishing Between Controversial Projects and Active Payment Infrastructure
-
6
What is blockchain? How does it differ from and relate to Bitcoin?
-
7
FXBK Coin Analysis: What Is It? Is It Worth Investing In?
-
8
RIKEN Coin Value Analysis: Numerous Projects Share the Same Name, What's Its Investment Potential?
-
9
Cosco Shipping Heavy Industry Completes China IPO Guidance Registration
-
10
Beginner's Guide to Bitcoin Trading: A Comprehensive Analysis of Security Risks and Prevention Strategies
Markets Today
Recommended Reading










