World Gold Council: Global Gold ETFs saw a net inflow of $8 billion in the first half of the year.

According to a report from the World Gold Council, global listed funds continued to see outflows in June, but thanks to strong performance in Asian markets, global gold ETFs still recorded a net inflow of $8 billion in the first half of the year. As of the end of June, the global gold ETF assets under management reached $526 billion, a 6% decrease in the first half of the year mainly due to the lower gold prices; total holdings increased by 18 tons in the first half of the year to 4,047 tons. Trading volume in the gold market decreased in June, but the average daily trading volume in the first half of the year still reached a historic high of $488 billion.