Gold ETFs Post $8 Billion Weekly Inflow, Price Tops $3,300 as Bitcoin Surges to $87,000

Gold exchange-traded funds (ETFs) saw record inflows of $8 billion in the past week, nearly tripling the previous record set during the 2020 crisis. Inflows into gold ETFs during the first quarter of 2025 reached $80 billion. Gold prices have climbed to all-time highs, surpassing $3,300 per ounce, with a year-to-date gain of 25%. This surge in demand for gold comes amid global market uncertainty, trade tensions following President Trump’s ‘Liberation Day’ and reciprocal tariffs on April 2, and concerns over inflation and currency devaluation. The U.S. dollar index reached a three-year low, and expectations of interest rate cuts have increased. The VIX spiked above 40 for the first time in over five years. U.S. retail sales rose 1.4% in March as consumers responded to anticipated price hikes. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant