Global gold exchange-traded funds (ETFs) experienced net outflows totalling $1.8 billion in May 2025, marking the end of a five-month run of net inflows, according to the latest report from the World Gold Council (WGC).
May’s net outflows represent the first monthly decline in gold ETF investments since November. This outflow caused total assets under management (AUM) to drop by 1 per cent, bringing the overall AUM down to $374 billion.
Global gold ETF holdings decreased by 19 tonnes during May, settling at a total of 3,541 tonnes.