{"id":1188457,"date":"2020-06-04T14:54:13","date_gmt":"2020-06-04T19:54:13","guid":{"rendered":"https:\/\/www.mining.com\/?p=1026181"},"modified":"2020-06-04T14:54:13","modified_gmt":"2020-06-04T19:54:13","slug":"year-to-date-gold-etf-inflows-surpass-any-calendar-year","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1188457","title":{"rendered":"Year-to-date gold ETF inflows surpass any calendar year"},"content":{"rendered":"

Continuing their recent growth streak, gold-backed ETFs added 154 tonnes for net inflows of $8.5 billion across all regions in May, boosting global holdings to a new all-time high of 3,510 tonnes, according to data from the World Gold Council (WGC).<\/p>\n

Year-to-date, inflows of 623 tonnes, representing a value of $33.7 billion, now exceed what was initially the highest level of annual inflows\u00a0of 591 tonnes in 2009.<\/p>\n

\"\"
Gold-backed ETFs (and similar) holdings as of May 31, 2020. Source: Bloomberg, World Gold Council<\/figcaption><\/figure>\n

During the month of May, North American ETFs increased holdings by 102 tonnes or $5.6 billion, with SPDR Gold Shares leading all global inflows, adding 67 tonnes ($3.7 billion), followed by iShares Gold Trust, which added 20 tonnes ($1.1 billion).<\/p>\n

European funds increased their holdings by 45 tonnes or $2.4 billion, led by UK-based iShares Physical, which added 23.3 tonnes ($1.3 billion). The balance of gold inflows occurred in Asia and other regions.<\/p>\n

The WGC said assets in global gold-backed ETFs have nearly doubled over the past 12 months.<\/p>\n

The Council also noted that UK-based gold funds continue to take regional and global market share, now representing 48% of European assets and 21% of global assets.<\/p>\n

In the US, low-cost gold-backed ETFs have doubled their collective holdings in the past year to 99 tonnes, roughly the size of all Asian-based funds.<\/p>\n","protected":false},"excerpt":{"rendered":"

Continued growth streak has boosted global holdings to a new all-time high of 3,510 tonnes.<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[2849,949,369],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1188457"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1188457"}],"version-history":[{"count":3,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1188457\/revisions"}],"predecessor-version":[{"id":1188472,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1188457\/revisions\/1188472"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1188457"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1188457"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1188457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}