New Delhi [India], May 9 (ANI): Global traders started rotating again into gold ETFs in April as India recorded constructive flows of USD 297 million, marking its eleventh consecutive month of inflows, in keeping with a report by the World Gold Council (WGC).
Following notable outflows in March, international bodily backed gold ETFs recorded inflows of USD 6.6 billion through the month. As per the report, all areas registered constructive flows with European funds main the restoration.
The April enlargement lifted international gold ETFs’ complete belongings underneath administration to USD 615 billion, which represented a 1 per cent enhance month-on-month (MoM). Collective holdings additionally rose 1 per cent to 4,137 tonnes. This determine stood because the third highest ever and remained slightly below the report excessive of 4,176 tonnes set on 27 February 2026.
‘India recorded constructive flows of USD 297mn in April, its eleventh consecutive month of inflows, and Japan attracted USD 246mn,’ the report highlighted.
China led the Asian area through the month. Funds in Hong Kong added a report USD 732 million, supported by new product listings. Meanwhile, gold ETFs in mainland China continued to attract inflows of USD 498 million amid elevated geopolitical tensions, falling yields, and continued official-sector gold shopping for bulletins.
‘Gold ETFs in Asia prolonged their influx streak to eight months, including USD 1.8bn in April,’ the report mentioned.
Similarly, European funds noticed a big influx of USD 3.7 billion in April, which flipped their year-to-date (YTD) complete from adverse to constructive. The United Kingdom led this surge, whereas Switzerland and Germany additionally contributed meaningfully to the regional complete.
The report famous that ‘constructive flows within the area appeared linked to heightened geopolitical and geoeconomic dangers, as traders assessed the inflationary implications of a extra protracted Iran battle and the related strain on power costs.’
With native equities retreating and the Bank of England appearing much less hawkish than anticipated, WGC said that investor curiosity in gold is probably going strengthened as costs stabilised.
North America reversed course in April by recording inflows of USD 1 billion. The rebound remained concentrated within the first half of the month as gold recovered from its March lows and broader market pressures eased. ‘Flows softened once more within the again half of April because the US-Iran battle confirmed indicators of additional escalation and better alternative prices re-emerged by way of a stronger dollar and better yields,’ the report talked about.
Funds in different areas recorded strong inflows of USD 106 million. Unlike the choppier circulation patterns seen throughout main areas, these markets noticed regular, marginal shopping for all through April, led by Australia and South Africa.
The report said that international gold market buying and selling volumes fell 24 per cent MoM, to USD 398 billion per day in April. Despite the decline, volumes remained above the 2025 common of USD 361 billion per day, signalling ample gold market liquidity. Over-the-counter volumes declined by 10 per cent to USD 244 billion per day however stayed nicely above the 2025 common.
The WGC highlighted that the positioning knowledge pointed to a modest easing in complete COMEX internet longs, which declined 4 per cent over the month to 477 tonnes. While managed cash positions briefly rebuilt after the March sell-off, early-month additions of 15 tonnes had been offset by late-month promoting of round 23 tonnes. (ANI)