According to a report released by the Singapore Exchange on Tuesday (June 17), the SPDR Gold Shares ETF has attracted 309 million yuan of net capital inflows this year (as of last Friday, June 13, the same below), ranking first among Singapore listed funds.

Gold prices have risen about 30% this year and hit a record high in New York's closing on June 13. The total return rate of SPDR gold stock listed funds this year is as high as 31% in US dollars; if measured in SGD, it is 23%, mainly affected by the depreciation of the US dollar against SGD.

As gold prices continue to rise, gold stock listed funds have also become the local listed funds that have attracted the most net capital inflows this year.

The report also pointed out that SPDR gold stock listed funds are cross-listed in Singapore and traded in two currencies, USD and SGD. Investors are increasingly favoring trading in SGD. As of June 13, the trading volume of SGD quotation units accounted for more than 30% of the fund's trading volume this year, more than double the share in 2024.

The uncertain impact of trade tensions on global economic growth and inflation, as well as geopolitical risks, are key factors driving higher gold prices and gold-listed funds.

Nikko AM SGD Investment Grade Corporate Bond ETF ranked second, with net capital inflows of 115 million yuan so far this year.

Net capital inflows reflect the monetary value after the newly created unit is minus the redemption unit.