Global gold funds see 18 billion dollars in inflows, second-highest in history
CommodityMacro
Investors worldwide clearly rushed to buy gold through ETFs in August, with net inflows of 18 billion US dollars, or roughly 570 billion baht. This marks the second-highest monthly inflow since records began. The World Gold Council's August 2026 Gold ETF Flows report stated that the inflows, combined with rising gold prices, pushed the assets under management of gold funds worldwide up 16% from the previous month to 615 billion US dollars. Meanwhile, the volume of gold held by the funds rose by another 121 tonnes to 4,189 tonnes, a record high. Europe was the region with the largest inflows at 7.9 billion US dollars, a regional record, with the United Kingdom seeing 4.4 billion dollars in inflows and France 1.5 billion dollars, a record for France. North America drew 7.7 billion US dollars in inflows, the third-highest in the region's history, while Asia saw 2 billion US dollars in inflows, its strongest month since February, with China still the main driver. Since the start of 2026, roughly 29 billion US dollars has flowed into gold funds worldwide, lifting the net volume of gold held by the funds by about 160 tonnes, with Asian funds remaining the most important source of accumulated inflows, followed by Europe.
