World Gold Council Sees Gold ETF Flows Stabilizing After June Outflows

The World Gold Council expects regional gold ETF flows to stabilize in the second half of the year after North American funds saw $5.5 billion in June outflows. Asia recorded $2.3 billion in June outflows but still led the world with $12 billion in first-half net inflows. A pullback in gold prices drove investors to reduce gold ETF allocations during the month.
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