Flows flipped positive in April, supported by inflows from all regions with Europe leading the charge.
These inflows lifted global gold ETFs’ AUM 1% higher to US$615bn; holdings rebounded by 45t to 4,137t.
Gold market liquidity stayed ample, despite m/m moderation, and above the 2025 average.
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April in review
Global investors began rotating back into gold ETFs in April. Following notable outflows in March, global physically backed gold ETFs1 recorded inflows of US$6.6bn during the month. All regions registered positive
