Gold ETFs saw significant inflow due to political and economic volatility, reaching $38 billion

Physically backed gold exchange-traded funds saw their largest semi-annual inflow since the first half of 2020, reaching $38 billion in the first half of 2025. This influx was driven by investors seeking shelter from political and economic volatility due to a trade war sparked by U.S. President Donald Trump’s tariff policy. The total holdings of gold ETFs rose by 397.1 metric tons to 3,615.9 tons by the end of June, the highest since August 2022. U.S.-listed funds led the inflow with 206.8 tons, while Asia-listed funds drew 104.3 tons. Asian investors contributed 28% to net global flows, despite slowing momentum in May and June. Spot gold prices are up 26% this year, reaching a record high of $3,500 per troy ounce in April.

Read more at Yahoo Finance: Gold ETFs drew largest inflow in five years during first half of 2025, WGC says