[83414] Surprising trend in the markets: Gold becomes more expensive despite massive withdrawals from ETFs

Jump in gold price against the backdrop of capital outflow from ETFs

According to reports from BITCOIN & CRYPTO POST and Crypto Trading & Financial News, the precious metals market experienced an unusual phenomenon during the past week. While global investors actively reduced their holdings in gold, net redemptions of $2.3 billion were recorded from gold-backed ETFs.

Data from the company EPFR, cited by both channels, indicates that despite the clear trend of capital withdrawal, the price of gold did not fall but rather demonstrated exceptional strength. According to BITCOIN & CRYPTO POST, which specializes in crypto market news and often presents digital assets as an alternative to traditional investments, "the price of gold rose by almost 10% following the report."

Crypto Trading & Financial News, which focuses on broader financial news, also confirms the data and notes that the jump occurred "despite this trend." The gap between the decline in demand for ETFs and the actual rise in price raises questions regarding the alternative investment channels into which the capital is flowing, or alternatively, changes in the structure of physical demand for the metal.