1. Gold demand rose by 1% in Q1 2025, strongest since 2016. 2. ETF inflows totaled 226 tons, rebounding from previous outflows. 3. Gold price reached a record high of $3,509.90 per ounce in April. 4. Jewelry demand fell 21% globally due to high prices. 5. Central bank purchases slowed but remain in line with averages.
The resurgence in gold ETF inflows indicates robust investor confidence in gold, supporting AAAU's performance. A historical example is 2020, when gold prices surged due to increased demand amid economic uncertainty.
The article provides insights into gold demand trends that directly relate to AAAU's performance as a gold ETF, influencing investor sentiment positively.
The current demand trends and macroeconomic factors are likely to influence AAAU's price within the next few months, similar to 2020 when quick surges in demand were observed.