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 (-0,52 %)
$PHGP (-0,47 %)
$EWG2 (-0,4 %)
$4GLD (-0,5 %)
$965515 (-0,45 %)
$SPGP (+0,46 %)