According to data from the World Gold Council, in May, global gold ETF inflows have significantly slowed, with a slight outflow of $2 billion; the global gold ETF assets under management decreased by 2% month-on-month to $604 billion, and holdings dropped to 4,121 tons, although still close to the record high set in February.


The latest survey on central bank gold reserves shows that 89% of surveyed central banks believe that their gold reserves will increase over the next 12 months, with a record 45% of respondents expecting to increase their gold holdings; at the same time, 74% of respondents believe that the proportion of the US dollar in global reserves will decrease over the next five years.
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