Global Gold ETF Holdings Reach Record 4,171 Tonnes in February: WGC
Gold | 2026-03-09 11:04:51
North America led global demand, attracting $4.7 billion in inflows and marking the ninth consecutive month of gains.
By Paul Ploumis
SEATTLE (Scrap Monster): Global physically backed gold ETFs extended their strong momentum in February, recording another month of inflows as investors increased exposure amid geopolitical and macroeconomic uncertainty.
According to the World Gold Council, global gold ETF holdings rose by 26 tonnes during the month to reach a record 4,171 tonnes. Rising bullion prices also lifted total assets under management to an all-time high of $701 billion.
ALSO READ:
WGC Underscores Gold's Role as a Key Strategic Portfolio Asset
Central Bank Gold Demand Hits 863 Tonnes in 2025: WGC
North America led global demand, attracting $4.7 billion in inflows and marking the ninth consecutive month of gains. Analysts noted that such sustained inflows have historically occurred only during major crises such as the Global Financial Crisis and the COVID-19 pandemic, periods characterized by elevated systemic risks. Heightened geopolitical tensions involving Iran, a weaker U.S. dollar, lower interest rates and continued trade policy uncertainty supported gold demand.
In contrast, Europe was the only region to record net outflows of $1.8 billion, largely driven by heavy redemptions in the United Kingdom during the early-February precious metals sell-off.
Asian gold ETFs continued their steady growth with $2.3 billion in inflows, led by Japan. India also recorded solid inflows of $565 million, reflecting sustained investor interest in gold-backed investment products.
POLL
Do you expect continued inflows into global gold ETFs if geopolitical tensions and economic uncertainty persist?
Frequently Asked Questions
- What drove the increase in global gold ETF inflows in February?
Investor demand increased due to geopolitical tensions, macroeconomic uncertainty, a weaker U.S. dollar, and lower interest rates, which typically boost demand for gold as a safe-haven asset.
- What record did global gold ETFs reach during the month?
Holdings rose to a record 4,171 tonnes, while assets under management reached $701 billion.
- Why did Europe experience ETF outflows?
Heavy redemptions in the United Kingdom during the early-February precious metals sell-off led Europe to post $1.8 billion in net outflows.
