[Asian Gold ETFs See Surging Inflows, Raising Concerns of a Potential Price Peak] BlockBeats reports that on January 30, Bloomberg data showed that Asian-listed precious metal ETFs saw net inflows of approximately $7.1 billion in January, with several funds hitting record highs. The majority of the funds came from Chinese retail investors. The Huaan Yifu Gold ETF alone attracted around $1.9 billion. Analysts pointed out that a concentrated influx of retail investors often signals the late stage of a market rally. Coupled with gold's RSI rising to an extremely overbought level of around 90, the risk of a short-term correction is increasing. Gold's recent sharp rally has been supported by central banks' continued purchases and inflows into ETFs backed by physical gold. According to data from the World Gold Council, holdings in gold-backed funds grew every month last year except for May. Additionally, due to the unpredictability of U.S. policies and the country's increasing isolationist tendencies, investors have shifted toward assets outside the U.S. dollar, benefiting precious metals.