WORLD GOLD ASSOCIATION: NET GLOBAL GOLD ETF IN JULY

THE WORLD GOLD ASSOCIATION RELEASED REPORTS THAT THE GLOBAL GOLD ETF RECORDED A NET INFLOW OF $3 BILLION IN JULY, ENDING TWO CONSECUTIVE MONTHS OF FINANCIAL OUTFLOWS. DRIVEN BY FINANCIAL INFLOWS AND RISING GOLD PRICES, THE SIZE OF GLOBAL GOLD ETF ASSET MANAGEMENT (AUM) ROSE TO $53 BILLION, AN INCREASE OF 1 PER CENT OVER THE PREVIOUS MONTH; THE GOLD ETF HOLDOUT INCREASED BY 23 TO 4068 TONS。