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World Gold Council: The scale of global gold ETFs continued to expand, with a net inflow of US$2.7 billion in October, with European funds being the most significant. Global gold ETF holdings increased by 19 tons to 4,275 tons; however, due to the fall in gold prices in the same month, their asset management scale fell 6% to $542 billion. Trading volume in the global gold market has declined, mainly due to a decline in derivatives trading activity on the market. The market slump after 2011 is not very comparable to the current 25% drop in gold prices compared to the January 2026 high. Currently, the conditions for gold to recover are much more stable. According to our analytical framework, the price of gold may be nearing a phased bottom.
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World Gold Council: The scale of global gold ETFs continued to expand, with a net inflow of US$2.7 billion in October, with European funds being the most significant. Global gold ETF holdings increased by 19 tons to 4,275 tons; however, due to the fall in gold prices in the same month, their asset management scale fell 6% to $542 billion. Trading volume in the global gold market has declined, mainly due to a decline in derivatives trading activity on the market. The market slump after 2011 is not very comparable to the current 25% drop in gold prices compared to the January 2026 high. Currently, the conditions for gold to recover are much more stable. According to our analytical framework, the price of gold may be nearing a phased bottom.
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