Chinese Gold ETFs Experience Record Inflows Amid Trade Uncertainties
Recent data indicate that Chinese gold exchange-traded funds (ETFs) have seen unprecedented daily inflows. Investors flock to the yellow metal as uncertainties regarding trade escalate. This trend reflects a growing preference for safe haven assets among market participants amid turbulent economic conditions. Analysts predict that continued inflows into gold ETFs will bolster gold prices, serving as a vital indicator of market sentiment. Observing these trends will provide insight into how gold will perform in the upcoming trading session.