China bought a gold ETF, buying 29.1 tons in 11 days
2025-04-14 20:53:10
On April 15, data from the World Gold Council (WGC) showed that investment inflows into physical gold ETFs in China < b > have surpassed the total inflows into Quarter 1 so far in April and exceeded the inflows into gold ETFs in the United States . China gold ETF holdings increased by 29.1 tonnes in the first 11 days of April, according to Reid, senior market strategist at the WGC, on social media on Monday. This compares with inflows of 23.5 tonnes in the first quarter. "If Quarter 1 this year is primarily affected by U.S. tariff-related gold flows and Western ETF purchases, then the theme of the second quarter could be very different, namely the surge in interest in gold from Chinese investors," he said. Data show that while Quarter 1's US-listed gold ETFs led the way in activity, net inflows to these ETFs so far in April have lagged behind China at 27.8 tonnes.
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