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  • Gold ETF inflows continue in the first week of March
  • Gold ETF inflows continue in the first week of March

    6 March, 2020


    This week, we launched our February 2020 ETF flows report, which highlights the positive impact current market volatility is having on investment flows in gold-backed ETFs.

    Inflows across all regions of nearly US$5bn during February (84.5 tonnes), boosted total gold ETF growth to 5% over the first two months of the year. Gold ETF assets values have grown 50% over the past twelve months as holdings continued to reach new highs of 3,033 tonnes, or US$153bn.

    This trend has continued in the first week of March as gold moved higher. Through the first four trading days of March, global gold ETFs have added and additional US$2.3bn or 1.4%. 

    In the report, we note some of the drivers including:

    • Market uncertainty, volatility and the economic impact of the coronavirus
    • Lower interest rates and Fed easing
    • Gold price outperformance, compared to other major asset classes
    • Bullish investment positioning in the golf futures markets, and
    • Gold separating itself from other commodities