Gold markets are rewriting history:
Assets under management (AUM) in the largest US gold-backed ETF, $GLD, are up to $181 billion, near the highest on record.
The AUM in $GLD has DOUBLED in less than a year.
Over the last 8 years, the value of the fund’s assets has surged +503%.
Furthermore, gold holdings in $GLD are up to 1,098 tonnes, the highest since April 2022 and the 2nd-highest since February 2021.
Gold holdings have increased +274 tonnes since March 2024.
By comparison, the all-time high set in December 2012 was 1,351 tonnes.
Demand for gold investments is still unprecedented.
#xauusd pic.twitter.com/TQSCHeQcSm
— Erdem Yontar (@yontarErdem) March 25, 2026