🟡 Investor demand for gold remains strong.
Holdings in the largest physical gold ETF, $GLD, have risen to 34.9M oz, the highest since May 2022.

Since June 2024, GLD holdings are up +8M oz (+30%).

Precious metals ETFs pulled in +$4.39B in January, marking the 8th consecutive monthly inflow.

Gold miner ETFs also saw +$3.62B in net inflows, the strongest since at least 2009.

Demand for gold exposure remains robust. 📈
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