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World Gold Council – Gold ETF Commentary, Sep 2025

Summary

The main theme of the report is the analysis of dynamics and trends in the physically backed gold ETF market for the third quarter of 2025.

Key findings include: Global gold ETFs recorded the largest monthly inflow in September, leading to a record quarterly inflow of $26 billion. North American investors contributed the most to this inflow, adding $16.1 billion, the largest third-quarter figure and the second-largest quarterly figure in history. European funds also showed significant growth, registering the second-largest quarterly inflow in the region. Total assets under management of global gold ETFs reached a record high of $472 billion, up 23% from the previous quarter.

Region: Global 
Published: October 2025 
Author(s): World Gold Council 
Language: English 
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