According to the World Gold Council report, global gold-linked ETFs recorded an inflow of $3 billion in July, ending two consecutive months of capital outflows. Capital inflows covered all regions, with European listed funds leading the way. Positive capital combined with higher gold prices drove up the global gold ETF asset management scale by 1% to $530 billion, and the total holdings increased by 23 tons to 4,068 tons, but it is still lower than the all-time high of 4176 tons set on February 27, 2026. Since the beginning of the year, global gold ETFs have accumulated inflows of US$11 billion, corresponding to an increase in holdings by 39 tons. Asian listed funds were the largest source of global capital inflows at this stage, followed by Europe; while North America still maintained a net outflow of capital. The return of capital inflows to global gold ETFs in July stemmed, on the one hand, from investors' selective re-entry at low borrowing prices, and on the other hand, from continued demand for diversified asset portfolios. European investors re-established their gold positions after the sale in June to seize the window where the price of gold fell back to return to the market. The trend is similar to earlier this year: after large-scale redemptions led by the US in March, European funds took the lead in driving a market rebound, indicating that investors are willing to increase their exposure to gold after the market falls. Asia's July gold ETF inflow of US$616 million strengthened its position as the world's largest capital inflow region since the beginning of the year.

According to the World Gold Council report, global gold-linked ETFs recorded an inflow of $3 billion in July, ending two consecutive months of capital outflows. Capital inflows covered all regions, with European listed funds leading the way. Positive capital combined with higher gold prices drove up the global gold ETF asset management scale by 1% to $530 billion, and the total holdings increased by 23 tons to 4,068 tons, but it is still lower than the all-time high of 4176 tons set on February 27, 2026. Since the beginning of the year, global gold ETFs have accumulated inflows of US$11 billion, corresponding to an increase in holdings by 39 tons. Asian listed funds were the largest source of global capital inflows at this stage, followed by Europe; while North America still maintained a net outflow of capital. The return of capital inflows to global gold ETFs in July stemmed, on the one hand, from investors' selective re-entry at low borrowing prices, and on the other hand, from continued demand for diversified asset portfolios. European investors re-established their gold positions after the sale in June to seize the window where the price of gold fell back to return to the market. The trend is similar to earlier this year: after large-scale redemptions led by the US in March, European funds took the lead in driving a market rebound, indicating that investors are willing to increase their exposure to gold after the market falls. Asia's July gold ETF inflow of US$616 million strengthened its position as the world's largest capital inflow region since the beginning of the year.