News From Press Gold ETFs see highest outflows in over a year

Gold ETFs see highest outflows in over a year

Source: Mint Aug 5, 2022

Global gold exchange-traded funds (ETFs) registered net outflows of $4.5 billion in July. This was the third consecutive month of outflows and the worst since March 2021, according to a World Gold Council report.

Such funds had logged $1.7 billion in outflows in June and $3.1 billion outflows in May.

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