全球黄金ETF无惧波动疯狂“吸金”，金价暴跌日也有资金“抄底”！

Core Insights - The World Gold Council reported that global gold ETFs attracted significant inflows in January, reaching record highs in both assets under management (AUM) and total holdings [1][14] - North American and Asian investors were the largest buyers, while European funds also saw notable growth [1][14] - The trading volume in the gold market surged to an average of $623 billion per day, marking a historic high [1][15] Inflows and Performance - In January, gold ETFs saw net inflows of $19 billion, the highest monthly record ever [1][15] - The AUM of global gold ETFs rose to $669 billion, a 20% increase month-over-month, while total holdings increased by 120 tons to 4,145 tons [4][16] - All regions recorded inflows, with North America achieving the second-highest monthly net inflow and Asia reaching the highest ever [4][16] Regional Market Overview - North America: Experienced a net inflow of $7 billion in January, marking the eighth consecutive month of inflows. Geopolitical tensions and rising gold prices drove investor interest [5][17] - Europe: Recorded a net inflow of $2 billion, supported by geopolitical and trade tensions, particularly related to tariffs [6][19] - Asia: Saw net inflows of $10 billion, with China contributing $6 billion and India $2.5 billion, driven by strong gold prices and geopolitical uncertainties [7][22] Trading Volume and Market Activity - The average daily trading volume in the gold market increased by 52% month-over-month, significantly higher than the average for the previous year [8][23] - The trading volume spike was particularly pronounced in the last week of January, with average daily transactions reaching $963 billion [11][26] - OTC trading and derivatives also saw substantial increases, with OTC daily volumes rising to $280 billion and derivatives to $320 billion [12][27] Positioning and Market Sentiment - Despite a 6% decrease in net long positions in COMEX gold, the overall market sentiment remained bullish, with investors showing a tendency to buy on dips [13][28]