World Gold Council: Since the beginning of the year, global gold ETFs have seen a cumulative inflow of $11 billion.

The World Gold Council report indicates that global gold-linked ETFs recorded an inflow of $3 billion in July, ending a two-month trend of outflows. The inflow was seen across all regions, with European-listed funds leading the charge. The positive inflow, combined with rising gold prices, pushed the global gold ETF assets under management up 1% to $530 billion, with total holdings increasing by 23 tons to 4,068 tons, although it remains below the record high of 4,176 tons set on February 27, 2026. Year-to-date, global gold ETFs have seen a cumulative inflow of $11 billion, corresponding to an increase of 39 tons in holdings. Asian-listed funds were the largest source of inflows during this period, followed closely by Europe, while North America continued to experience net outflows. The return of inflows in July can be attributed to investors selectively re-entering the market at lower gold prices, as well as ongoing demand for diversification in asset allocation. After selling off in June, European investors re-established their gold positions, seizing the opportunity presented by the drop in gold prices to return to the market. This trend mirrors earlier behavior this year: following large-scale redemptions dominated by the U.S. in March, European funds were the first to drive a market rebound, indicating that investors are willing to increase their gold exposure after market declines. In July, Asian gold ETFs saw an inflow of $616 million, reinforcing their status as the region with the largest inflow of funds globally so far this year.