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 (-0,35%)
$PHGP (-0,36%)
$EWG2 (-1,16%)
$4GLD (-0,36%)
$965515 (+0,3%)
$SPGP (-0,14%)