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

Odaily Planet Daily News: A report from the World Gold Council 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 for the first half of the year. As of the end of June, global gold ETF assets under management reached $526 billion, down 6% year-to-date, mainly due to a decline in gold prices. Total holdings increased by 18 tons to 4,047 tons in the first half of the year. Gold market trading volume eased in June, but the average daily trading value for the first half still hit a record high of $488 billion. (Jin Shi)
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