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 (-0,74%)
$PHGP (-0,68%)
$EWG2 (-0,94%)
$4GLD (-0,67%)
$965515 (-0,7%)
$SPGP (-1,46%)