In accordance with Jin10, the largest global gold ETF (GLD) saw 6 tons of inflows in the latest trading day, with total holdings surpassing 1,000 tons for the first time since August 4, 2022. This indicates growing institutional interest in the gold market. Meanwhile, silver continues to rise, with analysts noting strong bullish momentum, though a top divergence in RSI suggests potential for a technical correction.
Gold ETF Hits 1,000 Tons as Institutional Investors Pile In
KuCoin NewsShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.