Demand and supply

Data on gold demand and supply, including production costs, gold-backed exchange-traded funds (ETFs) holdings and flows, central bank statistics and future market positioning.

Published:

Global gold-backed ETF holdings and flows

Gold-backed ETFs and similar products (gold ETFs) recorded their tenth consecutive month of net inflows during September, matching equivalent stretches in 2008 and 2016. Gold ETF holdings increased by 68.1 tonnes (t) (US$4.6bn) or 2.0% of assets under management (AUM) despite gold’s worst monthly price performance since November 2016. Global net inflows of 1,003t (US$55.7bn) in 2020 have led overall gold investment demand and taken the gold ETF holdings universe to a fresh new all-time high of 3,880t and US$235bn in AUM.

Published:

COMEX net long positioning

Comparison of money manager net longs to other investor net longs in COMEX gold futures. These metrics are often used to understand the market sentiment and positioning of the gold market.