NewsGeneralInflows into gold ETFs rise for a sixth straight...

Inflows into gold ETFs rise for a sixth straight month


- Advertisment -

Inflows into gold ETFs rise for a sixth straight month

Globally, gold-backed ETFs (gold ETFs) added 170 t – or net inflows of $9.3-billion – in April, boosting holdings to a new all-time high of 3 355 t, data shows.

Assets under management (AUM) also reached a new record high of $184-billion as gold in dollar terms moved higher by 5.8%, the World Gold Council reports.

Inflows have been strong and consistent in recent months, but not unprecedented.

- Advertisement -

Rolling 12-month inflows of 879 t just surpassed those of 2009 and 2016, while rolling six-month inflows were less than two-thirds of the 457 t of inflows in the comparable time periods of 2009 and 2016.


North American funds had inflows of 144 t ($7.8-billion, 8.3% AUM) in April.

- Advertisement -

Holdings in European funds increased by 20 t ($1.1-billion, 1.4% AUM). Funds listed in Asia added 2.9 t ($206-million, 3.9% AUM). Other regions had inflows of 3.3 t ($172-million, 5.8% AUM).


Assets in global gold-backed ETFs grew during 11 of the past 12 months, adding 80% to total AUM.

- Advertisement -

Following the April inflows, both holdings and assets of gold-backed ETFs continue to reach all-time highs.

UK-based gold funds continue to take regional and global market share, now representing 47% of European assets and 21% of global assets.

Low-cost gold-backed ETFs in the US have seen positive flows for 22 of the past 23 months and have increased their collective assets to 91 t, which amounts to roughly the holdings of all Asia-based funds.

Get Your News on

Send us your business and entrepreneurship stories/news and articles to or through whatsapp, +233247516850.

Subscribe to our Youtube Channel, Like our Facebook Page

And also follow us on Twitter

- Advertisement -


Please enter your comment!
Please enter your name here

Latest news

PayPecker Headlines Accra Fashion Week 2021.

Paypecker Accra Fashion Week is set to make history this December hosting the extraordinary fashion extravaganza at alternative locations....

2021 Ghana Bloggers Summit: TV3’s Johnnie Hughes and George Britton Announced as Keynote Speakers.

Broadcast Journalist and Morning Show Host at TV3, Johnnie Beresford Hughes and veteran blogger and CEO of GB Interactive...

How ‘I am waiting to see almost killed me’

I am Murielle. Former beauty queen. Executive. Mother of three. If there is one thing that characterises me at...

Vestergaard-Noguchi Memorial Institute for Medical Research (NMIR) celebrate 10 years of partnership in the fight against malaria

Vestergaard and the Noguchi Memorial Institute for Medical Research (NMIMR) on 30 November celebrated the 10th anniversary of their...
- Advertisement -

NSSF Innovation Strengthens Social support to Kenyans

The events of the past eighteen months have cast a spotlight on the ability of states to support vulnerable...

Everything You Need to Know about GhanaSpace, a Ghanaian Business Directory Platform

GhanaSpace is a business directory application with classified ads compatible with Android devices. GhanaSpace Mobile App brings together all...

Must read

- Advertisement -

You might also likeRELATED
Recommended to you