The entries in the funds negotiated on the stock market backed to physical gold have reached their highest level in April since March 2022, the funds listed in China being at the top of this movement because of the trade war that this country conducts with the United States, the data of the world Gold Council said on Thursday. These influxes intensified in April, when the two largest world economies imposed on customs duties on their imports, even if investors seeking to protect themselves from political and economic instability have been turning to gold ETF since the beginning of 2025.
ETF on gold recorded an influx of 115.3 metric tonnes for a value of $ 11.2 billion last month, the highest amount since March 2022, when the world markets were struggling with the immediate consequences of the invasion of Ukraine by Russia.
This development brought the total of the ETF assets on gold at 3,560.8 tonnes at the end of April, an increase of 3.3 % and the largest volume since August 2022. Their record was 3,915 tonnes in October 2020.
The funds listed in China led the entries with 64.8 tonnes in April, while the funds listed in the United States attracted 42.4 tonnes, according to the WGC.
In addition to the trade wars and the demand for refuge values, the appetite for the ETF on gold has been stimulated by the rise in gold prices, which increased by 28 % since the start of the year after having reached a record level of $ 3,500 per ices Troy in April, he added. (Report by Polina Devitt; edited by Paul Simao)
