Investors flee gold ETFs in June as hawkish Fed expectations drive liquidation

Gold is holding support above $4,000/oz, but June was difficult as rising opportunity costs drove outflows from gold-backed ETFs, per the World Gold Council. The shift implies continued investor de-risking from bullion exposure despite price resilience.

Analysis

Gold is holding support above $4,000/oz, but June was difficult as rising opportunity costs drove outflows from gold-backed ETFs, per the World Gold Council. The shift implies continued investor de-risking from bullion exposure despite price resilience.