World Gold Council: Global Gold ETFs Turn to Net Outflows in May

Odaily reports that the World Gold Council stated global gold ETF flows turned negative in May, with outflows totaling $2 billion for the month, bringing total assets under management down 2% to $604 billion. Europe was the only region to record net inflows, attracting $334 million; Asia saw outflows of $1.2 billion, while North America recorded $1.1 billion in outflows, becoming the main source of net capital outflows. Gold market trading volume increased slightly in May, with average daily liquidity rising to $424 billion, continuing to exceed the 2025 average level. (Jin Shi)