Bringing you live news and features since 2006 

Gold ETFs report highest net inflows since May 2021


Data from the World Gold Council reveals that gold-backed ETFs recorded net inflows of USD2.7 billion in January, reaching the highest level since May 2021.

The council writes that gold prices strengthened amid a sharp selloff in equity markets before slightly dropping from the hawkish US Fed statement near the end of the month.

North American funds drove the strong start to the year: The majority of US inflows coincided with the gold price rallying by nearly 3 per cent to an intra-month high of USUSD1,847/oz at the beginning of January, in the lead up to gold ETF options expiration. 
Adam Perlaky, Senior Analyst, World Gold Council says: “US funds, which are typically more reactive to changes in the gold price than other regions, had a significant impact to begin the year. Though North American funds contributed heavily to gold ETF outflows last year, they registered USD2.7 billion in inflows throughout January. Our data suggests that the reversal can largely be attributed to the gold price rally at the beginning of the month, which saw gold rising by nearly 3 per cent to an intra-month high of USD1,847/oz ahead of the gold ETF options expiration.”

Latest News

Digital asset manager 21Shares has published The Global Crypto Classification Standard report, in partnership with CoinGecko, described as the world's..
Tradeweb Markets has announced it has launched a market data service to calculate real-time Indicative Net Asset Values (iNAVs) for..
Bloomberg has announced the launch of ETF list trading via its ETF Request for Quote service (RFQe), writing that it..
The iShares Listed Private Equity UCITS ETF is designed to offer investors access to large, liquid, and listed private equity..

Related Articles

Detlef Glow, head of Lipper EMEA Research at Refinitiv, has published the Refinitiv Lipper ‘European ETF Industry Review: 2022’ commenting...
Capital Group, home of American Funds, has launched 12 active-passive model portfolios featuring Capital Group as the strategist. The models...
Athanasios Psarofagis, Strategy Bloomberg Intelligence ETF Analyst, writes that European ETPs' turnover exceeded EUR2 trillion for a third consecutive year...
Canadian asset manager Mackenzie Investments, with CAD186.6 billion under management, has published its annual Mackenzie Investments Year-End ETF Report. ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by