Gold attracted record inflows over four months, topping the past 14 years combined, while cryptocurrencies saw a $300 million outflow last week.
Bank of America reported that gold inflows totaled $50 billion in the past four months, surpassing the cumulative inflows of the previous 14 years. The most recent week recorded an $8.7 billion inflow—an all-time high. In contrast, cryptocurrency funds experienced a $300 million outflow, marking their first decline in 10 weeks.