World Gold Council: Gold ETF fund flows expected to stabilize in the second half of the year

Odaily Planet Daily News: North American gold ETFs saw an outflow of $5.5 billion in June, bringing the region's net outflow for the first half of the year to $7.7 billion, recording the weakest first-half performance since 2013. European gold ETFs saw outflows of $818 million in June, bringing their first-half total inflows down to $3.2 billion. The significant pullback in gold prices during the month was a key factor driving investors to reduce their gold ETF allocations. Asia saw outflows of $2.3 billion in June, setting a record for the largest single-month outflow. Nevertheless, the region still recorded its strongest-ever first-half performance, leading the world with net inflows of $12 billion.

Looking ahead, regional gold ETF flows are expected to stabilize. Our macro baseline scenario in the Mid-Year Gold Outlook 2026 shows relatively stable gold performance in the second half, while other scenarios may brew breakthrough catalysts. At the same time, uncertainties over geopolitics, economic growth, and financial markets remain. This backdrop may continue to support investors' demand for portfolio protection and sustain interest in gold ETFs as a strategic safe-haven allocation. (Jinshi)