World Gold Council: Demand for Western Gold ETFs remains strong, reaching record levels in the third quarter.

The World Gold Council issued a statement on October 21, stating that global physical gold ETFs recorded the largest monthly inflow in history in September, pushing total inflows for the third quarter to a record $26 billion. By the end of the third quarter, the total assets under management (AUM) of global gold ETFs increased to $4,720 billion, reaching a new all-time high. North American and European funds were the main driving forces, with inflows of approximately $10.6 billion and $4.4 billion respectively in September.