According to World Gold Council data reported by Jin10, gold ETFs in North America experienced a net outflow of $7.7 billion in the first half of 2026, marking the weakest H1 performance since 2013. The region saw $5.5 billion in outflows during June alone. In contrast, Asia recorded $12 billion in net inflows for H1, the strongest half-year performance on record, despite a record single-month outflow of $2.3 billion in June.
The significant pullback in gold prices during June was the primary driver behind reduced gold ETF allocations across all regions. Looking ahead, the World Gold Council expects regional gold ETF flows to stabilize in the second half of 2026, supported by ongoing uncertainty in geopolitics, economic growth, and financial markets, which should sustain investor demand for gold as a strategic portfolio hedge.