Global gold ETF demand rebounds USD 6.6 billion in April; India extends inflow streak to 11 months: World
Global investors began rotating back into gold ETFs in April as India recorded positive flows of USD 297 million, marking its 11th consecutive month of inflows, according to a report by the World Gold Council (WGC). Following notable outflows in March, global physically backed gold ETFs recorded inflows of USD 6.6 billion during the month. As per the report, all regions registered positive flows with European funds leading the recovery.
Global investors began rotating back into gold ETFs in April as India recorded positive flows of USD 297 million, marking its 11th consecutive month of inflows, according to a report by the World Gold Council (WGC). Following notable outflows in March, global physically backed gold ETFs recorded inflows of USD 6.6 billion during the month. As per the report, all regions registered positive flows with European funds leading the recovery.
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