World Gold Council: Gold prices rise with continuous inflow of funds, total global gold ETF assets reach $379 billion by the end of April.
According to the Wisdom Financial APP, on May 14th, the World Gold Council stated in an article that in April, global physical gold ETFs saw strong inflows of around $11 billion. With the dual drivers of rising gold prices and continued inflows into funds, the total global gold ETF assets under management reached $379 billion at the end of April. In the Asian region, inflows in April reached approximately $7.3 billion, setting a new record high and the highest in years. The Chinese market is a major driving force, not only achieving inflows for the third consecutive month, but also breaking the record for monthly inflows in the region.
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