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 (-0,14 %)
$PHGP (-0,14 %)
$EWG2 (-0,64 %)
$4GLD (-0,15 %)
$965515 (-0,82 %)
$SPGP (-1,44 %)