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China, India and Japan drive renewed Asian appetite for gold ETFs; global inflows hit $18 billion in August

Asian gold ETFs attracted US$2 billion in August, their strongest monthly inflow since February, led by China, while India and Japan also recorded positive demand. The surge came amid a broader global revival in gold investment, with global gold-backed ETFs drawing US$18 billion during the month, the second-highest monthly inflow on record.

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