According to Glontech, global physical gold-backed ETFs saw net inflows of $6.6 billion in April, marking a sharp reversal from March’s record outflows of $12 billion. Europe led with $3.7 billion in inflows, followed by Asia with $1.8 billion and North America with $1 billion. Year-to-date cumulative net inflows reached $19 billion, bringing total global gold ETF assets under management to $615 billion and total gold holdings to 4,137 tonnes, the third-highest on record.
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