Gold Funds See Record Outflows as Investment Flows Diversify

Despite positive inflows into various investment sectors like stocks and bonds, gold funds saw a significant outflow of $7.5 billion in the past week, according to Bank of America data compiled by Foresight News. This trend contrasts with rising inflows for stock ($17.2 billion), bond ($17 billion) and cash ($36.5 billion) funds. Cryptocurrency investments also witnessed growth, increasing by $600 million during the same period.