The gold ETF saw a net outflow of 1.3 billion dollars this Wednesday, marking the third largest outflow in history.

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BlockBeats news, on April 27, according to The Kobeissi Letter, the gold ETF GLD saw an outflow of $1.3 billion on Wednesday, marking the third largest outflow on record. The fund recorded a daily inflow of about $1.9 billion last week. Therefore, according to Goldman Sachs, GLD became the third largest ETF by volume on Wednesday. Meanwhile, the gold miner ETF GDX experienced an outflow of $200 million, the largest single-day outflow in the past 12 months. At the same time, gold prices fell 2.7% on Wednesday, marking the second largest drop of the year.

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