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World Gold Council: Global Gold ETFs Increase by $38 Billion in First Half of Year
Summary: According to reports from the World Gold Council, driven by strong performance in June (+$7.6 billion), global gold ETFs increased by $38 billion in the first half of the year. During the first half, the total assets under management of these funds surged by 41% to reach $383 billion, with a total holding increase of ...
According to reports from the World Gold Council, driven by strong performance in June (+$7.6 billion), global gold ETFs increased by $38 billion in the first half of the year. During the first half, the total assets under management of these funds surged by 41% to reach $383 billion, with a total holding increase of 397 tons to reach 3,616 tons. North America (+$21 billion) was the main region for fund inflows in the first half, followed by Asia (+$11 billion) and Europe (+$6 billion). The average daily gold trading volume in the first half was $329 billion, setting a new record for the first half of the year.
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Link: World Gold Council: Global Gold ETFs Increase by $38 Billion in First Half of Year [Copy]
