BREAKING: Global physical gold-backed ETFs attracted +$6.4 billion in inflows last week, their largest weekly intake since January.
This was led by North America at +$4.4 billion, followed by European funds at +$1.7 billion, and Asia at +$300 million.
This also marks their 3rd-largest weekly inflow on record and the 7th consecutive weekly inflow.
Over this 7-week stretch, global gold-backed ETFs have attracted +$16.4 billion.
Meanwhile, total AUM in global gold ETFs rose +$33 billion last week, to $615 billion, the highest level since the 2nd week of May.
The global gold rush is accelerating: