Gold outflows despite rising gold Prices
2023 marked global gold ETFs’ third consecutive annual outflow despite a 15% gold price rise, shedding US$15bn. Europe lost the most and North America also experienced sizable outflows. Asia, on the other hand, was the only region that attracted inflows, while the other region witnessed mild outflows. European combined outflows in 2023 amounted to US$11bn, […]
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