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The outflow of gold-backed ETFs in Europe has been relatively volatile in previous years. Almost every dip in outflow levels has been followed by an increase, with the first quarter of 2021 being the only exception. In this period the outflow level dropped by an additional 3.15 billion U.S. dollars from the previous quarter. Fund flows keep track of the cash being paid in (inflows) and out (outflows) of a financial product.
Outflows of gold backed ETFs in Europe from 2nd quarter of 2018 to 2nd quarter of 2022 (in billion U.S. dollars)
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World Gold Council. (July 28, 2022). Outflows of gold backed ETFs in Europe from 2nd quarter of 2018 to 2nd quarter of 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 19, 2024, from https://www.statista.com/statistics/1336703/outflows-gold-etfs-europe/
World Gold Council. "Outflows of gold backed ETFs in Europe from 2nd quarter of 2018 to 2nd quarter of 2022 (in billion U.S. dollars)." Chart. July 28, 2022. Statista. Accessed May 19, 2024. https://www.statista.com/statistics/1336703/outflows-gold-etfs-europe/
World Gold Council. (2022). Outflows of gold backed ETFs in Europe from 2nd quarter of 2018 to 2nd quarter of 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 19, 2024. https://www.statista.com/statistics/1336703/outflows-gold-etfs-europe/
World Gold Council. "Outflows of Gold Backed Etfs in Europe from 2nd Quarter of 2018 to 2nd Quarter of 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 28 Jul 2022, https://www.statista.com/statistics/1336703/outflows-gold-etfs-europe/
World Gold Council, Outflows of gold backed ETFs in Europe from 2nd quarter of 2018 to 2nd quarter of 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1336703/outflows-gold-etfs-europe/ (last visited May 19, 2024)
Outflows of gold backed ETFs in Europe from 2nd quarter of 2018 to 2nd quarter of 2022 (in billion U.S. dollars) [Graph], World Gold Council, July 28, 2022. [Online]. Available: https://www.statista.com/statistics/1336703/outflows-gold-etfs-europe/