Chinese Investors Pour Into Gold ETFs for 14th Straight Day
Inflows into gold-backed exchange-traded funds by Chinese investors have continued for 14 consecutive trading sessions, marking the longest streak in four months.
Chinese investors have been steadily adding to their gold positions through exchange-traded funds, sustaining a 14-session inflow streak.
This run, the longest in four months, underscores a persistent appetite for the precious metal amid ongoing global economic uncertainties.
The consistent buying suggests that retail and institutional participants in China are seeking portfolio hedges, contributing to the overall demand for gold.
Source: First Squawk