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 (+0,7%)
$PHGP (+0,68%)
$EWG2 (+0,99%)
$4GLD (+0,68%)
$965515 (+1,09%)
$SPGP (+1,53%)