ETF tonnage outflows amid crash flows and liquidity pivots
Key Questions
What were the recent GLD ETF outflows?
GLD saw -10.4% worst week in 15 years, outflows of -54.8t/$7.9B/-0.36MOz YTD, leaving 98.59MOz. This marks significant tonnage outflows amid crash flows.
What is the status of COMEX gold inventory?
COMEX inventory hit a low of 16.51MOz, with BlackRock outflows of $1.1B post-Mar7. This occurs amid DXY/Iran risk-off and CB sells unwind.
How do SGX physical gold ETFs contrast with GLD?
SGX physical gold ETFs in APAC show inflows, contrasting GLD's outflows. Oversold supports suggest rebound potential vs CB nuance, prioritizing post-correction verification.
GLD -10.4%/-54.8t $7.9B/-0.36MOz YTD; COMEX low inv; HDFC Gold ETF allows 50% futures (Sebi) as physical backup signaling India demand spike pot; SGX APAC contrast vs CB rotation.
Sources (2)
Updated Apr 9, 2026