Global Gold ETFs Witness Record Inflows in January

In January, global gold ETFs attracted a record $18.7 billion in inflows, marking a significant milestone for the industry. According to Jin10, the World Gold Council reported that all regions experienced inflows, with Asia leading at $9.6 billion and North America following closely at $6.8 billion. The total assets under management (AUM) reached an unprecedented $669 billion, driven by a 14% increase in gold prices. Holdings also climbed to a historic high of 4,145 tons. Trading volumes surged, with the average daily trading value hitting $623 billion, making it the strongest month on record.