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CoinWorld News reports that the World Gold Council stated that in March, global gold ETF outflows reached a record $12 billion, halving the first quarter’s inflow to $12 billion and ending nine consecutive months of fund inflows in North America. Fund inflows in Asia remained strong, achieving a quarterly record growth and helping to sustain the overall fund inflow trend for the first quarter. Despite the sell-off, global gold holdings increased by 62 tons in the first quarter. Liquidity in the gold market remains robust, with trading volumes in major venues all rising.