I've been watching the movement of gold ETFs, and it seems that last week, the holdings of SPDR Gold Trust decreased by 18 tons in a single day.


Since it's the largest decrease since 2013, it's quite impactful news.
So, what is a gold ETF? It's a fund that tracks the price fluctuations of physical gold.
Large changes in holdings like this reflect market sentiment.
Currently, the holdings have dropped to around 1,081 tons, so the trend in gold demand is also worth paying attention to.
The movement of major ETFs serves as a market-wide signal, so it seems valuable to keep an eye on future developments.
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