Gold ETF Tailwinds Reversing
Gold ETF returns have compressed as both tailwinds—rising gold prices and rupee depreciation—have reversed in recent months
Too little corroboration in the last 3 days to call a trend (6 articles). Watching for it to gain traction.
Mainstream financial press is carrying this — attention has broadened beyond specialist outlets.
"For those of you who actually bought gold against my advice, I would advise you to start selling and buy some good Indian shares, because I think that's a hell of a better alternative than gold right now in the longer term."
"Data shows that the popular SPDR Gold Shares ETF (NYSE:GLD) has had over $1.63 billion in outflows in the last 30 days and $7.4 billion in the last three months. Its six-month outflows have jumped to over $12.2 billion."
"Total known global gold ETF holdings slid to a new cycle low of 96.24 MOz, lowest since September 25, 2025, and down 2.71 MOz YTD. ETF outflows and reasonably strong risk assets intensify the downside pressure on the shiny metal."
"weaker demand from Western exchange-traded funds (ETFs) and Indian retail investors has kept sentiment cautious"
"When the precious metal enters a sustained correction, these ETFs offer little downside cushion beyond gold's long-term diversification benefits."
"Unfortunately, this double yield kicker has narrowed in the last two months, as tumbling gold prices and a relatively more stable rupee have flattened ETF returns."