Gold ETFs Rebound With $6.6 Billion Inflows After Record Selloff
BeInCrypto
Global gold ETFs saw a $6.6 billion inflow in April, successfully reversing the record-breaking $12 billion selloff experienced in March.Summary
Global physically backed gold ETFs experienced a significant recovery in April, attracting $6.6 billion in inflows following a historic $12 billion outflow in March. This reversal was supported by stabilized gold prices and contributions from European, Asian, and North American markets. Meanwhile, the People's Bank of China continued its 18-month gold-buying streak, further reinforcing gold's enduring status as a portfolio anchor despite geopolitical tensions and shifting economic expectations.
(Source：BeInCrypto)