📍 Global gold ETFs record a historic capital inflow in 2025:

Global gold ETFs attracted +$88.6B in net capital in 2025, the highest level in history.

North America led with +$50.7B, followed by Asia +$25.3B and Europe +$11.7B.

This is only the second year with capital inflows in the last 5 years, with December alone attracting over $10B, becoming the third strongest month of the year in terms of capital flow, pushing total AUM of gold ETFs up +114% to $582.9B - something that has never happened before.

Demand by volume reached +801 tons, the second highest in history only after 2020 (+893 tons).

A memorable year for gold.

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