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World Gold Council: Global gold ETFs saw net inflows of $8 billion in the first half of the year

MarsBitNews
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Mars Finance News, July 8 — The World Gold Council report shows that in June, listed funds across global regions continued to see outflows (-$8.9 billion). However, thanks to strong performance in the Asian market, global gold ETFs still recorded net inflows of $8 billion in the first half of the year. As of the end of June, global gold ETF assets under management stood at $526 billion, down 6% in H1, mainly due to lower gold prices. Total holdings increased by 18 tons in H1 to 4,047 tons. Gold market trading volume declined in June, but the average daily trading volume in the first half of the year still hit a record high of $488 billion.
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