US Gold ETFs Hit Record-Low Market Share as Asia Expands on Falling Price - BullionVault
US Gold ETFs Hit Record-Low Market Share as Asia Expands on Falling Price - BullionVault
Source: BullionVault
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DW NOTE
US gold ETF holdings collapsed to their lowest market share on record while Asian physical demand surged — and it happened as gold fell 21% from its January high. Western investors liquidate precisely when the macro case strengthens: the Strait of Hormuz closed, oil inventories draining at 1.9 million barrels per day, and the Fed still tightening into a supply shock. Asia buys the dip; America sells it.