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Bloomberg: “Gold ETFs Refuse to Let Go.”
Gold ETFs Add Bullion for Fifth Straight Day as Prices Slide
Authored by GoldFix
Bloomberg Automation reported that the latest purchases lifted net ETF gold buying for 2026 to 2.01 million ounces. The new inflow was worth about $598.9 million at the prior session’s spot price.
The buying has continued despite weakness in the underlying metal. Gold was down 3.2% for the year at $4,182.31 in the Bloomberg update.
This is Gold’s Sell-Season. Buy-Season is Nexthttps://t.co/PF9NfpQYs3
— VBL’s Ghost (@Sorenthek) October 1, 2026
The accompanying Bloomberg chart shows the divergence clearly. ETF holdings have climbed sharply since July and are now approaching 101 million ounces, while spot gold has fallen from above $5,000 to near $4,200.
The recent flows ironically show ETF investors adding exposure into falling prices rather than liquidating alongside the decline. It would seem the demand is sticky now.
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