Global investors are "sweeping up" gold ETFs.

According to data from the World Gold Council, as of September 19th, the global gold ETF holdings have experienced the fastest growth in three years, with a total holding of 3,779.4 tons, reaching the highest level since August 2022. The net inflow in the first and second quarters of this year was 226.6 tons and 170.5 tons, respectively, far exceeding the same period last year, injecting new momentum into the rise in gold prices. As of September 19th, the top gold ETF in terms of inflows this year globally is the SPDR Gold Shares in the United States, with a demand growth of 122.1 tons and a cumulative holding of about 994.4 tons; the inflow of the Huaan Yifu Gold ETF from China is also among the top, with a demand growth of 28.2 tons and a cumulative holding of about 74.7 tons.