[World Gold Council: Chinese Market Gold ETF Assets Under Management Surge 150% in 2024, Reaching a Record High] According to data released by the World Gold Council, in Q4 2024, Chinese market gold ETF demand turned positive, with inflows of approximately 15 billion yuan (around $2 billion, 7.5 mt), marking the strongest quarterly performance on record. For the full year of 2024, Chinese market gold ETF demand surged, with total inflows of approximately 31 billion yuan (around $4.4 billion, 55 mt). 2024 was the strongest year for Chinese gold ETF demand, with the total assets under management in the Chinese market reaching 71 billion yuan (around $9.7 billion), soaring 150% within the year and setting a new historical high. During this year, the total open interest in Chinese market gold ETFs increased by 87% to 115 mt, also breaking historical records.