Gold ETFs drew largest inflow in three years in Q1, says WGC

Reuters

Tue, Apr 8, 2025, 7:43 AM 1 min read

LONDON (Reuters) - Physically backed golden exchange-traded funds (ETFs) registered the largest quarterly inflow successful 3 years successful January-March, 2025, information from the World Gold Council (WGC) showed connected Tuesday.

Investors seeking structure from governmental and economical volatility were moving into golden ETFs, which store bullion for investors, successful the archetypal quarter.

A planetary commercialized war, sparked by U.S. President Donald Trump, intensified earlier this period aft helium announced sweeping tariffs connected astir U.S. imports, stoking fears of a recession, sending jitters crossed planetary fiscal markets and drafting condemnation from leaders astir the world.

Gold ETFs saw an inflow of 226.5 metric tons worthy $21.1 cardinal successful the archetypal quarter, the largest magnitude since the archetypal 4th of 2022, erstwhile planetary markets were grappling with the contiguous consequences of Russia's penetration of Ukraine.

This raised their full holdings by 3% to 3,445.3 tons by the extremity of March, the largest since May, 2023. Their grounds was 3,915 tons successful October, 2020.

U.S.-listed funds led the inflow with 133.8 tons successful the archetypal quarter, portion Europe-listed funds drew 54.8 tons, WGC added.

The progressive commencement of the twelvemonth follows a humble nett inflow to golden ETFs successful 2024 aft 3 years of outflows caused by precocious involvement rates.

(Reporting by Polina Devitt; Editing by Sharon Singleton)