Anabelle Colaco
10 Jul 2025, 23:45 GMT+10
LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half of 2020 from January to June, data from the World Gold Council showed on July 8.
A trade war sparked by U.S. President Donald Trump's tariff policy prompted investors to seek shelter from political and economic volatility in gold ETFs, which account for a significant part of investment demand for the precious metal.
The active first half of the year follows a modest net inflow to gold ETFs in 2024 after three years of outflows caused by high interest rates.
Gold ETFs recorded an inflow of US$38 billion in the first half of 2025, with their collective holdings rising by 397.1 metric tons of gold, said the WGC, an industry body whose members are global gold miners.
This raised the total holdings to 3,615.9 tons by the end of June, the largest since August 2022. Their record was 3,915 tons in October 2020.
U.S.-listed funds led the inflow with 206.8 tons in the first half, while Asia-listed funds drew 104.3 tons, according to the WGC.
"Despite slowing momentum in May and June, Asian investors bought a record amount of gold ETFs during the first half of the year, contributing an impressive 28 percent to net global flows with only nine percent of the world's total assets under management," the WGC added.
Spot gold prices are up 26 percent this year, having hit a record high of $3,500 per troy ounce in April.
Get a daily dose of Malaysia Sun news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Malaysia Sun.
More InformationKingston [Jamaica], July 10 (ANI): Australian batting coach Michael Di Venuto has brushed off Stuart Broad's recent criticism of Australia's...
GUANGZHOU, July 10 (Xinhua) -- As global industries accelerate their transition toward intelligence and sustainability, China's innovative...
BEIJING, July 10 (Xinhua) -- China's fast-evolving high-speed rail technology is not only reshaping domestic mobility, but also playing...
Kuala Lumpur [Malaysia], July 10 (ANI): China has agreed to sign a Southeast Asian treaty banning nuclear weapons, a move hailed by...
(250710) -- ARLINGTON, July 10, 2025 (Xinhua) -- Danielle Cuttino (C) of the United States spikes the ball during the match between...
(250710) -- PHNOM PENH, July 10, 2025 (Xinhua) -- This undated aerial drone photo shows a view of the Techo International Airport,...
LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...
AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...
NEW YORK, New York - U.S. stocks rebounded Tuesday with all the major indices gaining ground. Markets in the UK, Europe and Canada...
NEW YORK CITY, New York: Financial markets kicked off the week on a cautious note as President Donald Trump rolled out a fresh round...
RIO DE JANEIRO, Brazil: At a two-day summit over the weekend, the BRICS bloc of emerging economies issued a joint declaration condemning...
LONDON, U.K.: This week, BP appointed Simon Henry, former Shell finance chief, to its board as a non-executive director effective September...