On September 9, the World Gold Council reported that global gold ETFs attracted $18 billion in inflows in August, marking the second largest monthly inflow on record. This surge pushed the total assets under management to $615 billion, with holdings reaching a historic high of 4,189 tons. North America recorded the third largest monthly inflow in history, while Europe achieved its strongest monthly performance ever, together accounting for nearly 90% of global demand. Activity in the gold market has rebounded significantly, with the average daily trading volume in major market segments increasing by 21% month-on-month.
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Global Gold ETFs Attract $18 Billion in August, Second Largest Monthly Inflow in History
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