Gold ETF Holdings & Flows (WGC)
Monthly gold-backed ETF holdings and flows by region (North America, Europe, Asia, other) with the largest-fund rankings. Source: World Gold Council (WGC). For daily data see the bold.report Daily ETF Holdings and Fund Flows pages.
About this data
The World Gold Council compiles monthly holdings and flows for physically backed gold ETFs and similar products worldwide, broken down by region (North America, Europe, Asia and other markets) and by individual fund. This page charts those series in tonnes or US dollars with the gold price overlaid, alongside monthly demand in tonnes, fund flows in dollars and a ranking of the twenty largest funds. ETF holdings are the most visible gauge of investor demand for physical gold: every tonne added is metal an authorized participant has delivered into a custodian vault. A sustained run of regional inflows usually confirms that a price trend is being bought by allocators rather than driven by leveraged futures positioning alone.
Source: World Gold Council (Goldhub) monthly gold ETF holdings and flows data, published early each month for the previous month, with holdings and demand in tonnes and fund flows in US$ millions. WatchGold imports each release after publication; for daily figures see the bold.report pages.
Frequently asked questions
- What is the difference between gold ETF demand in tonnes and fund flows in dollars?
- Demand is the change in the metal a fund holds, measured in tonnes, so it is unaffected by the gold price. Fund flows express that same change in US dollars, so a month of heavy buying at a high price shows a larger dollar flow than identical tonnage at a lower price. Read tonnes to judge physical demand and dollars to compare gold with other asset classes. Neither is the change in AUM, which also moves with price.
- How often does the World Gold Council publish gold ETF holdings data?
- Monthly. The WGC releases holdings and flows for the previous month early in the following month, with a commentary on regional trends. Holdings are reported in tonnes and fund flows in US$ millions, fund by fund, which is what allows the regional split and the largest-fund ranking on this page. WatchGold loads each new month once it is published; for intra-month moves, the daily holdings and fund-flow pages draw on bold.report.
- Which gold ETFs hold the most gold?
- SPDR Gold Shares (GLD) and iShares Gold Trust (IAU), both US-listed, hold the most gold, which is why North America dominates the regional stack. Europe's total is spread across physically backed products listed in London, Germany and Switzerland, and Asia's share, small a decade ago, has grown quickly on the back of Chinese funds. The Top Funds view ranks the twenty largest by tonnes held, with AUM and the latest month's flow alongside.