💰 Gold ETF $XAU Sees Record Outflow
On Wednesday, SPDR Gold Shares ($GLD) faced a $2.91B outflow, the largest single-day withdrawal in a decade, according to Barchart. Analysts say this reflects profit-taking after recent gains and a rotation of capital toward equities, crypto, and other assets. While gold remains a trusted safe-haven, such large outflows can cause short-term volatility in prices.
❓ Do you think gold will hold its safe-haven status, or are investors shifting to other markets?
#CryptoUpdates #GoldETF
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