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Gold ETF Inflows Break Records In September, Says World Gold Council

1. Gold ETFs saw record inflows of $17.3 billion in September. 2. North American investors led with $16.1 billion in inflows. 3. Gold prices surged by 17% in Q3, peaking at $3,983 per ounce. 4. Investor sentiment shifts towards gold amid equities reaching highs. 5. Geopolitical risks and speculation on rate cuts support gold demand.

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FAQ

Why Bearish?

As cash flows into gold ETFs, confidence in equities may decline, leading to S&P 500 weakness.

How important is it?

The article indicates a risk-off sentiment among investors which may negatively affect equity markets.

Why Short Term?

The immediate demand shift towards gold suggests a potential quick reaction in equity markets.

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