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Commodities Buzz: Global Gold ETF Holdings End 12 Month Losing Streak
06-Jun-2024 18:20
According to a latest update from the World Gold Council or WGC, global gold ETFs saw inflows in May, ending their twelve-month losing streak. Europe and Asia led global inflows while North America and other regions registered mild losses. Global gold ETF holdings rose to 3,088t by the month end. Driven by inflows and a higher gold price, total AUM rose to US$234bn, a 2% increase during the month.

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