Gold ETF inflows hit 5-year high as tariffs drive safe-haven bets

Anabelle Colaco
10 Jul 2025, 23:45 GMT+10

Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half of 2020 from January to June, data from the World Gold Council showed on July 8
A trade war sparked by U.S. President Donald Trump's tariff policy prompted investors to seek shelter from political and economic volatility in gold ETFs, which account for a significant part of investment demand for the precious metal
The active first half of the year follows a modest net inflow to gold ETFs in 2024 after three years of outflows caused by high interest rates

LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half of 2020 from January to June, data from the World Gold Council showed on July 8.

A trade war sparked by U.S. President Donald Trump's tariff policy prompted investors to seek shelter from political and economic volatility in gold ETFs, which account for a significant part of investment demand for the precious metal.

The active first half of the year follows a modest net inflow to gold ETFs in 2024 after three years of outflows caused by high interest rates.

Gold ETFs recorded an inflow of US$38 billion in the first half of 2025, with their collective holdings rising by 397.1 metric tons of gold, said the WGC, an industry body whose members are global gold miners.

This raised the total holdings to 3,615.9 tons by the end of June, the largest since August 2022. Their record was 3,915 tons in October 2020.

U.S.-listed funds led the inflow with 206.8 tons in the first half, while Asia-listed funds drew 104.3 tons, according to the WGC.

"Despite slowing momentum in May and June, Asian investors bought a record amount of gold ETFs during the first half of the year, contributing an impressive 28 percent to net global flows with only nine percent of the world's total assets under management," the WGC added.

Spot gold prices are up 26 percent this year, having hit a record high of $3,500 per troy ounce in April.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Manufacturing Mirror.

More Information

null in null

Small Business

Section

Armenian opposition lawmaker arrested

Arrests of critics mount as authorities allege a wide-ranging plot to overthrow Prime Minister Nikol Pashinyans government An Armenian...

"Election Commission has become Godi Aayog": Tejashwi Yadav at Bihar Bandh rally

Patna (Bihar) [India], July 9 (ANI): RJD leader Tejashwi Yadav on Wednesday heavily criticised the Election Commission of India for...

Punjab: Two accused in Abohar businessman's murder killed in police encounter

Fazilka (Punjab) [India], July 9 (ANI): Two accused in the murder of Abohar businessman Sanjay Verma were killed in retaliatory police...

"We have the evidence against him": Bihar ADG on arrest of one accused in Gopal Khemka case

Patna (Bihar) [India], July 8 (ANI): Bihar ADG Kundan Krishnan on Tuesday informed that the shooter who was involved in the businessman...

Will not spare any criminal: Bihar minister Mangal Pandey on Gopal Khemka murder case

Patna (Bihar) [India], July 8 (ANI): Bihar minister Mangal Pandey on Tuesday vowed that the police will not spare any culprit who is...

Bihar: Deputy CM Samrat Choudhary vows to take strict action in Gopal Khemka murder case

Patna (Bihar) [India] July 8 (ANI): Bihar Deputy Chief Minister Samrat Choudhary on Tuesday said that action has been taken in the...

Automotive

Section