The total scale of gold-themed ETFs exceeds 110 billion yuan.

GoldenOctober2024

Jin10 data on April 5 reported that with the continuous rise of gold prices, gold-related ETFs have attracted accelerated inflows of capital. Currently, the total scale of gold-themed ETFs has exceeded 100 billion, reaching 110.468 billion. Performance has also risen accordingly, with the annual net value growth rate of all market gold-themed ETFs around 20%. Several industry insiders stated that multiple factors are jointly affecting the supply and demand balance and price movement of gold at this stage, and the pricing framework of gold is undergoing changes. In the medium to long term, the increasing uncertainty of the global economic outlook, along with geopolitical relationships and overseas policy uncertainties, highlights the safe-haven value of gold.

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