World Gold Council: Global gold ETFs increased by US$38 billion in the first half of the year

Odaily News The World Gold Council report shows that driven by a strong performance in June (+$7.6 billion), global gold ETFs increased by $38 billion in the first half of the year. In the first half of the year, the total assets under management of these funds soared 41% to $383 billion, and total holdings increased by 397 tons to 3,616 tons. North America (+$21 billion) was the main region for capital inflows in the first half of the year, followed by Asia (+$11 billion) and Europe (+$6 billion). In the first half of the year, gold trading volume averaged $329 billion per day, a record high for the first half of the year. (Jinshi)