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 Biden's Exit Sparks Market Uncertainty, Gold Prices Respond READ MORE Gold Expert Talks 2024 Outlook, Plus Forecast for Silver, Platinum and Palladium READ MORE July Sees Record Central Bank Gold Acquisition Since January READ MORE The High Cost of Returning to the Office: Survey Reveals Increased Employee Resentment and Costs READ MORE Target Slashes Prices on 5,000 Items to Woo Inflation-Wary Shoppers READ MORE Add a Comment Cancel replyYour email address will not be published.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