While the registered Bitcoin exchange funds were recorded yesterday they recorded The biggest daily flow ever With investors withdrawing nearly one billion dollars, the investment funds circulating in golden spots continue to see large flows, which is a potential blessing of gold -backed currencies.
The physically -backed investment funds last week witnessed the largest weekly flow since March 2022, according to data from World Gold CouncilWhich showed flows of 52.4 tons, or about $ 4.9 billion, with most of the additional demand coming from North America.
In all, ETF Gold spaces are 314 billion dollars, according to the group.
Despite some decreases during the past few days, gold is 11 % higher so far in 2025, 43 % on an annual basis and currently trading at $ 2,910 an ounce. Among the reasons noted by analysts can grow geopolitical tensions and the uncertainty surrounding Trump’s threats.
Gold -backed cryptocurrencies, including Paxos Gold (Paxg) and Tether Gold (Xaut), which were designed to track the price of the metal, have been overwhelmed by the broader coding market that increases by 26 % on an annual basis as measured by Coindsk 20 Index.
The demand for these symbols has also increased. Data from rwa.xyz He explains that more than $ 25 million of backed symbols from goods supported by goods has been declining this month, which is the largest monthly volume since December 2022, while about 12 million dollars were burned.
With the demand for the height of gold steadily, it seems that the width is barely changing. Data from the World Gold Council shows that mining production in the fourth quarter of last year decreased by two tons over the previous quarter, while hedging and recycling. In total, track The offer increased about 1 % Year year.
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