I'm paying attention to the movement of gold ETFs. It seems that the holdings of SPDR Gold Trust decreased by 18 tons on March 5th, which was the largest single-day decline since April 2013. The current holdings have dropped to around 1,081 tons.



Gold ETFs are basically investment products backed by physical gold, and the movements of major funds like this can serve as indicators of market trends. Such a large outflow happening in a single day is rare, so there might have been significant selling pressure. Since gold ETFs are linked to the price of gold, it seems worthwhile to keep an eye on their future movements.
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