June 7, 2025
Tangible Assets

Gold ETFs Record First Outflow Since November, Says World Gold Council

Photo by Sven Hoppe/picture alliance via Getty Images dpa/picture alliance via Getty Images Global gold-backed exchange-traded funds (ETFs) endured their first outflow for five months in May as demand for riskier assets improved, latest World Gold Council (WGC) data shows. Total outflows came in at 19 tonnes and had a value of $1.8 billion, the

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