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Global physically backed gold exchange traded funds (ETFs) have lost $6.7 billion in the first half of calendar year 2024 (H1 2024), suffering their worst first half in a calendar year since 2013, according to a recent note by the World Gold Council (WGC). The report stated that the total holdings of these ETFs have dropped by 120 tons (-3.9 per cent) to 3,105 tons during this period. Read more: https://lnkd.in/gcRW3aVN #Gold #GoldETF #ETFs #Goldexchange #Commodities

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