💨 Abstract

Global gold ETFs saw continued inflows in February, with Asia accounting for $2.3 billion. Wealthy investors prefer ETFs over physical gold due to stock market uncertainty. China led the inflows, followed by Japan, Australia, and South Africa. The sustained weakness in equity markets is driving the demand for gold ETFs, which have now reached $306 billion in total assets under management.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖