Gold market sees positive ETF inflows in July, ending two months of outflows

Gold prices broke out, pushing back above $4,200, and World Gold Council data show renewed inflows as investors slowly returned to gold-backed ETFs in July. The re-engagement suggests improving demand momentum even as the broader catalyst is not specified.

Analysis

Gold prices broke out, pushing back above $4,200, and World Gold Council data show renewed inflows as investors slowly returned to gold-backed ETFs in July. The re-engagement suggests improving demand momentum even as the broader catalyst is not specified.