Net holdings in gold exchange-traded funds (ETFs) have declined by 80% since January 1, 2026, as investors booked profits for the third consecutive week. Despite this overall reduction, investment inflows from India and China have persisted, indicating sustained demand for gold ETFs in these key markets. The trend highlights a cautious approach by investors amid market fluctuations, while gold remains a preferred asset for portfolio diversification in India and China. This development reflects the dynamic nature of gold investments in the current economic environment. Investors booked profits for the third week in a row last week, while India and China kept investments flowing into the funds.