Gold ETFs Rebound With $6.6 Billion Inflows After Record Selloff

Global physically backed gold exchange-traded funds (ETFs) drew $6.6 billion in April, reversing March’s heavy outflows. A record $12 billion drained from global gold ETFs in March, the steepest monthly outflow ever, as US-Iran tensions weighed on bullion. But as the chart below shows, investments rotated back into gold in April, with Europe and Asia