Gate News: Despite gold prices plummeting over 13.6% in March, gold prices rebounded above $4,550 per ounce on Wednesday, indicating that the market is beginning to regain confidence. Reports suggest that signs of the U.S. efforts to end the Iran war have eased investor concerns, while oil prices fell to $86.72 per barrel.
However, demand for gold ETFs remains strong, highlighting investors’ focus on the long-term value of precious metals. Data shows that the assets under management (AUM) of SPDR Gold Shares (GLD) have increased to approximately $181 billion, nearing a record high, and have doubled within less than a year. This indicates that despite short-term price fluctuations, market interest in gold remains robust. The Kobeissi Letter notes that since Q2 2025, retail investors have purchased over $70 billion worth of gold ETFs, with the fund’s holdings soaring over 500% in the past eight years.
GLD’s gold reserves also continue to grow, currently around 1,098 tons—its highest level since April 2022—and have increased by about 274 tons since March 2024. Nevertheless, this is still below the 1,351-ton record set in December 2012, suggesting that there is still room for increased holdings if market sentiment further improves.
Recent geopolitical tensions had previously driven selling pressure on gold, but the growth in ETF holdings and assets under management demonstrates investors’ long-term optimism for precious metals. BeInCrypto points out that even during market turbulence in March, GLD showed strong resilience, reflecting ongoing investor preference for gold ETFs as a safe-haven asset.
Overall, the $181 billion in GLD assets tells a different story from the March gold crash: while short-term prices fluctuate, long-term investment demand remains strong, providing a stable signal for safe-haven assets beyond cryptocurrencies like Bitcoin (BTC).
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
U.S. and Iran Moving Toward Diplomatic Resolution Framework, Gulf States Demand Inclusion
Gate News message, April 27 — According to Al Jazeera, diplomatic sources indicate that recent developments have reinforced the need for the United States and Iran to permanently end their adversarial relationship, with various parties gradually approaching a framework that could enable a
GateNews9m ago
U.S.-Iran talks collapse triggers a sharp drop in gold prices, while Bitcoin quickly surges past $79k
Bitcoin rose above $79,000 during the Asian trading session on April 27. At the same time, the spot gold price fell to a low of $4,672.11 per ounce, with an intraday decline of more than $38. The backdrop is that U.S. President Trump canceled the itinerary of his special envoy to Islamabad, Pakistan, and the U.S.-Iran peace negotiations have hit a stalemate. Federal Reserve Chair Powell is scheduled to preside over his final news conference of his tenure at the Federal Open Market Committee (FOMC) on April 29.
MarketWhisper30m ago
Trump Says He Has Had 'Good Communication' with Putin and Zelensky, Seeks to Advance Conflict Resolution
Gate News message, April 26 — U.S. President Donald Trump stated that he has had "good communication" with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky, and is working to advance a resolution to the Russia-Ukraine conflict. Trump said the U.S. is pushing forward on
GateNews2h ago
US Sanctions Iran-Linked Crypto Wallets Holding $344M Frozen by Tether
U.S. Treasury Secretary Scott Bessent announced sanctions on multiple wallets linked to Iran as part of President Donald Trump's efforts to increase economic pressure on the country amid an ongoing ceasefire, according to CNN. The action followed Tether's freeze of $344 million in USDT on Tron,
CryptoFrontier3h ago
CFTC Faces Enforcement Crisis as 24% Staff Cuts Hit Insider Trading Oversight in Crypto and Prediction Markets
Gate News message, April 26 — The U.S. Commodity Futures Trading Commission (CFTC) has cut 24% of its workforce since Donald Trump returned to office, leaving the agency at its lowest staffing level in 15 years amid growing insider-trading risks across crypto, oil futures, and prediction markets. Th
GateNews3h ago
U.S. Military Confirms Bitcoin Node Operations as Multiple Nations Adopt Crypto for Statecraft
Gate News message, April 26 — Admiral Samuel Paparo, Jr., who leads U.S. forces across the Indo-Pacific, told a Senate panel that Bitcoin matters to national security. The Pentagon is running its own Bitcoin node and conducting operational tests to secure and protect networks using the Bitcoin
GateNews6h ago
