World Gold Council: Rising gold prices combined with continued inflow of funds into global gold ETFs, the total asset management scale reached 379 billion US dollars at the end of April

The Zhitong Finance App learned that on May 14, the World Gold Council published an article stating that in April, the global physical gold ETF had a strong inflow of about 11 billion US dollars. Driven by both rising gold prices and continued fund inflows, the total asset management scale of global gold ETFs reached 379 billion US dollars at the end of April. The Asian region saw a sharp inflow of about 7.3 billion US dollars in April, a record high. As the main driving force, the Chinese market not only achieved inflows for the third month in a row, but also set a new monthly inflow record for the region.