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Benzinga
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Gold's Global Divide: Why US, Asian ETF Investors Are Buying While Europe Bails

1. Global ETF holdings rose by 55 tonnes, nearing record highs. 2. U.S. and Asian investors added significantly to gold ETFs in October. 3. European investors withdrew 37 tonnes, the second-largest monthly outflow. 4. Gold prices soared over 50% YTD, with fluctuations observed. 5. Chinese ETFs showed robust demand amid geopolitical tensions.

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FAQ

Why Bullish?

U.S. and Asian demand boosts gold's appeal, indicating strong investment sentiment. Historical trends show price increases during sustained ETF inflows.

How important is it?

The article highlights ongoing inflows to gold ETFs, which could directly benefit AAAU as a gold-linked ETF option.

Why Short Term?

Immediacy of demand suggests ongoing interest that could influence prices in the next few months, similar to past surges when inflows increased significantly.

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