Gold buyers are coming back. What happens next could decide the rally.0

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• August 12, 2026

Gold investors are buying again, potentially adding fresh fuel to the metal’s rebound. Global gold-backed exchange-traded funds pulled in $3 billion in July, snapping two straight months of outflows, according to the World Gold Council last week. Holdings rose by 23 metric tons to 4,068 tons. “There are tentative signs that Western investment demand is