Global gold ETFs’ holdings bounced to 3,523t

 

Global gold trading volumes rose 20% in January 2025 

In the Gold ETF Commentary, January in review, World Gold Council (WGC) reported, Global physically backed gold ETFs saw net inflows during the first month of 2025, adding US$3bn in January. The most notable shift comes from Europe: while it led global outflows during most of 2024, it is now dominating inflows. 

Despite gold’s strong performance, North American investors remained net sellers of gold ETFs in the month, while Asia and the other regions saw limited inflows. By the end of January, the total asset under management (AUM) reached US$294bn, another month-end record, and collective holdings continued to rebound (+34t).  

In the highlights WGC report, 1: Global gold ETFs kicked off 2025 with positive flows, led by Europe, while North America saw outflows. 2: Following the second consecutive monthly inflow and supported by a higher gold price, global gold ETFs’ total AUM rose to US$294bn and holdings bounced to 3,523t. 3: Global gold trading volumes rose 20% in January, driven by increased OTC and exchange volumes.  

Gold trading volumes averaged US$264bn/day across global markets in January, 20% higher m/m. The increase can be mainly attributed to surging volumes at COMEX (+60%, m/m), which pushed activities at exchanges around the globe 39% higher m/m – as the gold price strength attracted traders. Meanwhile, the OTC market (+10%, m/m) and global gold ETFs (+23%, m/m) also saw increased trading during the month.  

Total net longs of COMEX’s gold futures ended January at 952t, a 25% m/m increase. Money managers increased their net long positions by 26% to 717t by the end of the month. We believe the gold price strength and tariff-related fears were primary drivers of increased long positioning.







Comments

Post a Comment

Popular posts from this blog

GJEPC championing talent, celebrate design & craftsmanship

Image
The 7th Artisan Jewellery Design Awards held in Mumbai   The 7th edition of The Artisan Jewellery Design Awards, hosted by the Gem & Jewellery Export Promotion Council (GJEPC) and powered by GIA, challenged designers to tap uncharted territory by integrating unusual materials and cherished objects into their jewellery designs, to infuse their pieces with a unique identity.   Actress and style icon Sonam Kapoor graced GJEPC’s 7th edition of Artisan Jewellery Design Awards in Mumbai and presented awards to winners. Sonam Kapoor graced the stage with an aura of elegance and charisma along Vipul Shah (Chairman, GJEPC); Kirit Bhansali (Vice Chairman, GJEPC); Sriram Natarajan (Managing Director, GIA India); Milan Chokshi (Convener, Promotions & Marketing, GJEPC); Sabyasachi Ray (Executive Director, GJEPC) bestowed the coveted awards upon 6 Artisan winners.  This year the theme for the Artisan Jewellery Design Award were two unconventional themes - Objet Trouvé (Foun...
Read more

India’s C&P diamonds imports grew up 70%

Image
  India’s C&P diamonds exports fall 27.93% in February   According to the available February 2024 statistics for Cut & Polished Diamonds exports & import of India say, that the import of Cut & Polished (C&P) diamonds enjoys a higher percentage over exports!    The overall gross export of Cut & Polished (C&P) diamonds at US$ 1707.44 million (Rs. 14162.59 crores) in month of February 2024 is showing a decline of 27.93%(-27.680% in Rs. Term) as compared to US$ 2369.1 million (Rs. 19582.38 crores) for the same period of previous year (YoY). The overall gross Imports of Cut & Polished diamonds at US$ 130.43 million (Rs. 1082.17 crores) in month of February 2024 is showing a growth of 70.62% (71.39% in Rs. term) as compared to US$ 76.44 million (Rs. 631.41 crores) for the same period of previous year.    The overall gross Imports of Cut & Polished diamonds in DTA at US$ 41.23 million (Rs. 342.1 crores) is showing a Growth o...
Read more

India & EFTA ink TEPA to Triple G&J Exports

Image
Eying to push G&J exports from US$335mn to US$ 1billion   The Trade and Economic Partnership Agreement (TEPA) between India and European Free Trade Association (EFTA) has opened immense opportunities for Indian gem and jewellery (G&J) sector to enhance its exports to the untapped EFTA countries especially to Switzerland. EFTA countries have removed customs duties on the entire chapter 71 (Gem and Jewellery products) enabling Indian exporters of G&J to have a duty free access in all the EFTA countries - Switzerland, Iceland, Norway and Liechtenstein.    Vipul Shah, Chairman, GJEPC said, “I extend my gratitude to the Government of India, particularly to Shri Piyush Goyal, Hon’ble Minister of Commerce & Industry, for incorporating GJEPC’s recommendations in the India-EFTA Trade and Economic Partnership Agreement (TEPA).  The $100 bn bilateral trade pact has opened up immense opportunities for Indian gem and jewellery manufacturers to broaden their ex...
Read more