$XAU SPDR Gold Trust reduces its holdings by 1.712 tonnes; the total stands at 1.055,41 tonnes
XAUTUSDT
Perp.
4,345.26
-0.42%
SPDR Gold Trust, the world’s largest gold ETF, has updated its latest holdings. According to data from Jinshi dated September 22, the fund cut its holdings by 1.712 tonnes versus the previous trading day, bringing the total to 1.055,41 tonnes.
This represents a short-term institutional adjustment and does not necessarily reflect the long-term trend of gold.
SPDR Gold Trust is a highly liquid, leading physical gold trust in the market. Its daily holdings are consistently considered a key benchmark for assessing the direction of capital flows into gold.
The reduction of 1.712 tonnes could reflect profit-taking or a short-term portfolio rebalancing by institutions, although the decline is relatively smaller compared with total holdings of 1.055 tonnes.
Institutional capital shows signs of a slight pullback from gold: could this signal a market correction? What do you think?
The news is provided only for reference, not as investment advice. Please read it carefully before making a decision.
$CL
CLUSDT
Perp.
93.21
-0.66%
XAUTUSDT
Perp.
4,345.26
-0.42%
SPDR Gold Trust, the world’s largest gold ETF, has updated its latest holdings. According to data from Jinshi dated September 22, the fund cut its holdings by 1.712 tonnes versus the previous trading day, bringing the total to 1.055,41 tonnes.
This represents a short-term institutional adjustment and does not necessarily reflect the long-term trend of gold.
SPDR Gold Trust is a highly liquid, leading physical gold trust in the market. Its daily holdings are consistently considered a key benchmark for assessing the direction of capital flows into gold.
The reduction of 1.712 tonnes could reflect profit-taking or a short-term portfolio rebalancing by institutions, although the decline is relatively smaller compared with total holdings of 1.055 tonnes.
Institutional capital shows signs of a slight pullback from gold: could this signal a market correction? What do you think?
The news is provided only for reference, not as investment advice. Please read it carefully before making a decision.
$CL
CLUSDT
Perp.
93.21
-0.66%