Opinion: In the past week, gold funds experienced net outflows of over $7.5 billion, which may flow into risk markets.

Odaily News encryption KOL Phyrex stated in a post on platform X that in the past week, gold funds saw a net outflow of over 7.5 billion dollars, marking the largest single-week net outflow in history. In the previous four months, gold funds had a cumulative net inflow of 59 billion dollars. It is believed that the outflow of funds from gold funds may indicate a weakening of risk aversion among some investors and an increase in risk appetite, with these funds likely flowing into risk markets.