Western Demand Propels Gold ETFs to Fourth Straight Month of Gains Global gold ETFs experienced their fourth consecutive month of inflows in August, driven primarily by Western demand. North American funds led the charge, adding $1.4 billion, as cooling inflation, a weakening labor market, and dovish Fed signals bolstered expectations of interest rate cuts. The trend was supported by a weaker US dollar, lower Treasury yields, and heightened geopolitical tensions. European, Asian, and other regional funds also saw positive inflows, with gold prices nearing record highs and market conditions suggesting potential for further growth. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Rally Continues nearing $2,500 with Traders Betting on Fed Rate Reductions READ MORE Gold Faces a Lackluster January with a Close Eye on the Fed READ MORE Mortgage Rate Decline Prompts Spike in Refinancing Applications READ MORE Central Banks Turn to Gold as Hedge Against U.S. Dollar Dominance READ MORE Gold Prices Decline as Investors Cash In Amid Fed Rate Cut Uncertainty READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment