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World Gold Council data is out! No wonder the gold I hold is dropping every day, turns out the big players are secretly running away? 😭
These days, watching gold $XAU fall has made me dizzy, but today I finally caught the "culprit"!
The World Gold Council just released the latest data:
In May, the global gold ETF capital inflows directly hit the brakes, and there was even a net outflow of a full 2 billion USD!
The overall asset management scale shrank by 2%, although holdings are still high, but the big players' short-term divestment actions are really not hiding at all.