The following is the In February 2021, the global gold ETF outflow was 84.7 tons, with a slight decline of 2% From World Gold Association recommended by recordtrend.com. And this article belongs to the classification: global economy .
According to the latest data of the world gold association, the global gold ETF outflow in February was 84.7 tons, a slight decline of 2%, which is the third net outflow of gold ETF in nearly four months.
From a regional perspective, North American ETF fund positions decreased by 71.2 tons, down 3.4%, accounting for the main share of global gold ETF outflows; European gold ETF fund positions decreased by 23.8 tons, down 1.1%; Asian gold ETF fund positions increased by 10.6 tons, up 8.4%; gold ETF fund positions in other regions decreased by 0.3 tons, down 0.7%.
Wang Lixin, managing director of the China region of the world gold association, said that in February, Asia was the only region in the world where gold ETF funds increased their holdings. The main reason is that since February, China has entered the traditional festival of Spring Festival, and people’s purchase of gold is strong. In addition, since February, the international gold price has dropped by 6.5% to US $1743 / oz compared with the same period last year, which has increased the number of Chinese investors Gold ETF position.
As of the end of February, the global gold ETF asset management scale was 3681 tons. Read more: World Gold Council: gold demand trend for the whole year and the fourth quarter of 2019 WGC: Chinese consumers purchase 144 tons of gold in Q2 of 2014 World Gold Association: as of January 2020, the world has 34735.73 tons of gold reserves. World Gold Association: in 2017, the world’s gold output was 3268.7 tons. World Gold Association: in 2017, the global gold demand in Q4 decreased by 18% year on year. World Gold Association: guidelines for central banks to use gold as reserve assets 2019 (download attached) World Gold Association: Gold demand trend in the first quarter of 2020 World Gold Council: global gold demand in 2014 dropped by 4% due to China’s absence World Gold Council: global gold demand slightly increased to 1107.9 tons in Q3 in 2019, up 3% year on year World Gold Council: global gold ETF position increased by 68.1 tons in September 2020 World Gold Council: China’s gold jewelry market responds to changing consumer behavior World Gold Council: data show that China’s gold price has declined continuously in the past 13 years, US $2 trillion economic downturn by state and Industry How structure changes (download attached)
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