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 (+0.2%)
$PHGP (+0.04%)
$EWG2 (+0%)
$4GLD (+0.1%)
$965515 (+0.08%)
$SPGP (+0%)