Large-scale gold ETF sell-offs are making headlines. It seems that the holdings of SPDR Gold Trust decreased by 18 tons in a single day. This is reportedly the largest decline since 2013.

Gold ETFs are essentially funds linked to physical gold, and movements in such large ETFs tend to reflect market sentiment. Currently, the holdings have dropped to around 1,081 tons.

Personally, I think these large gold sell-offs might be a sign of market position adjustments or something similar. They could also potentially exert short-term downward pressure on prices. It might be worth keeping an eye on this.