Gold ETF flows stabilize as spot price hovers near $4,000

Inflows and outflows in gold exchange-traded funds balanced last week, signaling a pause in the record selling pressure that recently drove the metal below the $4,000 threshold.

By Handelsavisen Newsroom · Automated 2026-07-20 13:40 UTC · 1 min read

Gold exchange-traded fund (ETF) flows reached equilibrium last week, with every dollar of inflow matched by an equivalent outflow.

The stabilization in fund flows comes as the precious metal trades near the $4,000 per ounce level, having recently broken below that psychological barrier for the first time since November.

The recent breakdown below $4,000 represented a notable technical shift, with spot gold falling 3.

Spot gold was quoted at $4,007.3 on Monday, indicating a modest recovery from the lows that triggered the largest weekly outflows of the year.

The previous week saw investors pull record amounts from physically backed gold ETFs, marking a significant shift in sentiment as the metal’s price softened amid broader market volatility.

The recent breakdown below $4,000 represented a notable technical shift, with spot gold falling 3.4% to trade at $3,978.67 an ounce in the session that confirmed the breach.

This decline was driven by a combination of geopolitical tensions and shifting expectations regarding interest rates, which have weighed on the non-yielding asset.