Lates News

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