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The gold market is rewriting history:
The assets under management ( of the largest US gold ETF, $GLD, have reached $181 billion, approaching an all-time high.
AUM of ) has DOUBLED in less than a year.
Over the past 8 years, the fund's asset value has surged +503%.
Furthermore, the amount of gold held in $GLD has reached 1,098 tons, the highest level since April 2022 and the second highest since February 2021.
The amount of gold held has increased +274 tons since March 2024.
For comparison, the all-time high set in December 2012 was 1,351 tons.
Investment demand for gold in Hoa Kỳ remains unprecedented.