World Gold Council: Demand for Western Gold ETFs remains strong, setting a historical record in the third quarter
The World Gold Council stated on October 21 that global physical gold ETFs recorded the largest single-month inflow in history in September, driving total inflows for the third quarter to a record $26 billion. As of the end of the third quarter, the total assets under management (AUM) of global gold ETFs increased to $472 billion, setting a new historical high. Among them, North American and European funds became the dominant forces, recording inflows of approximately $10.6 billion and approximately $4.4 billion in September, respectively
According to the Zhitong Finance APP, the World Gold Council stated in a document on October 21 that global physical gold ETFs recorded the largest monthly inflow in history in September, driving total inflows for the third quarter to a record $26 billion. As of the end of the third quarter, the total assets under management (AUM) of global gold ETFs increased to $4,720, reaching a new historical high. Among them, North American and European funds became the dominant forces, recording inflows of approximately $10.6 billion and approximately $4.4 billion in September, respectively.
