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Investors Pull Over $7 Billion From Gold Funds Amid Market Shift

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According to an estimate based on a Bank of America report, investors have withdrawn $7.5 billion from gold funds over the past four weeks. However, outflows last week were nearly a quarter lower than the week before, Kommersant reports.

The decline in interest in gold is also reflected in the dynamics of fund assets. According to Bloomberg, as of June 12, the total assets of gold ETFs decreased by 6.8 tons to 3,027.58 tons. Over the week, the figure decreased by 26.8 tons, and over four weeks—by nearly 45 tons. This is the most significant decline since March 2026.

Amid the outflow of funds, the price of the precious metal is also falling. For the first time in six months, the price of gold dropped below $4,100 per troy ounce. In less than a month, the metal has fallen in price by 10.5%.

Market participants attribute the decline in demand for gold to expectations regarding the U.S. Federal Reserve’s future actions. Strong macroeconomic indicators and accelerating commodity inflation have heightened expectations of high interest rates, which is influencing how investors allocate their funds across different asset classes.



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