GOLD PRICE vs ETF flows

Since the onset of the Ukraine war, we have seen a significant decoupling between gold prices and ETF Gold flows. However, it look like a new trend is emerging - ETF flows are now turning positive again.

More bullish move ahead? 

source : zerohedge

$IGLN (+1,9 %)
$PHGP (+1,95 %)
$EWG2 (+1,68 %)
$4GLD (+1,95 %)
$965515 (+1,97 %)
$SPGP (+5,19 %)