World Gold Council: Gold ETF Fund Flows Expected to Stabilize in the Second Half

North American gold ETFs saw outflows of $5.5 billion in June, bringing the total net outflow for the first half of the year to $7.7 billion, marking the weakest performance for the first half since 2013. European gold ETFs experienced outflows of $818 million in June, with total inflows for the first half dropping to $3.2 billion. A significant pullback in gold prices has been a key driver for investors reducing their allocations to gold ETFs. In Asia, outflows reached $2.3 billion in June, the largest monthly outflow on record, but the region still saw a net inflow of $12 billion for the first half, demonstrating the strongest performance. Looking ahead, regional gold ETF fund flows are expected to stabilize, with gold performance remaining relatively steady in the second half. Geopolitical factors, economic growth, and uncertainties in financial markets may continue to support investor demand for gold ETFs.