Western investors have started to buy gold aggressively
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Western investors, who have previously preferred Bitcoin, have started buying gold! According to JP Morgan's statistics, gold ETFs saw a net inflow of up to $4.5 billion in the past week (of which $3.9 billion flowed into the world's largest gold ETF, GLD), with half of the net inflow occurring in just one day last Friday. Looking at the past four weeks, GLD's net inflow reached $4.2 billion, ranking second among all U.S. ETFs, second only to the "global ETF leader" VOO, which tracks the S&P 500 index
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