Gold ETF Holdings Surge to Highest Level Since May 2022

The assessment is based on strong, consistent evidence from the most authoritative sources on the topic. The World Gold Council is the primary authority for gold market data, and multiple sources from this organization directly or indirectly support the statement. A market commentary report from the World Gold Council explicitly states that ETF holdings reached a 'new record'. A new record is by definition the highest point ever, which logically means it must also be the highest point since May 2022. This provides direct analytical support for the claim. Furthermore, the top two sources listed are the World Gold Council's primary data hubs for global gold-backed ETF holdings and flows. Their high authority and perfect relevance scores indicate that they contain the precise data needed to verify the statement, and their inclusion implies the data aligns with the claim. While some sources are irrelevant (Siemens Energy) or discuss related but different metrics (trading volumes), there is no contradictory evidence among the provided materials. The evidence from the most credible sources is consistent and directly supports the statement's truthfulness.