World Gold Council: $6.6 billion inflow into physical gold ETFs in April

The latest data released by the World Gold Council shows that global physical gold ETFs recorded an inflow of $6.6 billion in April, successfully reversing the significant outflow of funds in March. This change marks global investors' reassessment of the value of gold allocation against the backdrop of gold price fluctuations.

With the collective return of capital, the global gold ETFs' assets under management (AUM) rose to $615 billion at the end of April, increasing by 1% month-on-month. At the same time, the total holdings of global gold ETFs also grew by 1%, reaching 4,137 tons, a figure that currently ranks as the third-highest level in history.

Looking at geographical performance, the European region has become the leader in this round of capital inflows, recording a massive inflow of $3.7 billion in April alone. This influx of funds not only filled the previous gap but also turned the cumulative fund flow for European gold ETFs from negative to positive so far this year.

The Asian market remains robust, with an additional $1.8 billion in inflows in April, marking the eighth consecutive month of positive growth. The fund inflow scale for the Asian market so far this year has approached last year's historical record, demonstrating the strong holding intentions of investors in the region.

The leading position of the Chinese market within Asia has been further consolidated. In particular, the Hong Kong Special Administrative Region of China recorded an inflow of $732 million in April, setting a historical monthly high. Mainland China's gold ETFs continue to maintain their attractiveness, with $498 million of capital inflows in a single month.

Apart from China, other major Asian economies have also contributed significant increments. India recorded an inflow of $297 million in April, achieving continuous inflows for 11 consecutive months. The Japanese market followed closely behind, attracting $246 million of funds into the gold market in April.