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

The World Gold Council report shows that in June, global regional exchange-listed funds continued to see outflows (-$8.9 billion), but thanks to strong performance in the Asia market, global gold ETFs overall still recorded $8 billion of net inflows in 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 lower gold prices. Total holdings increased by 18 tons in the first half of the year, to 4,047 tons. Gold market trading volume declined in June, but average daily trading value in the first half of the year still set a record high at $488 billion.
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