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Asian investors turn into sellers of gold ETFs as market rally slows

Asian investors turn into sellers of gold ETFs as market rally slows
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Commodities

Demand appears to be sluggish in China and India, the two major markets

20260703 GoldBar

More retail investors in Asia are seeing gold as an investment opportunity rather than a safe-haven asset. (Photo by Miki Kamiyama)

TOKYO — Gold prices have been falling as expectations build for U.S. interest rate hikes and investor attention turns toward stocks, and as Asian investors who were previously purchasing gold exchange-traded funds (ETFs) become more bearish.

Source: Original Article

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