Gold demand: Gold ETF inflows hit 5-month high at Rs 2,081 crore in...

Gold demand: Gold ETF inflows hit 5-month high at Rs 2,081 crore in June; investor rush lifts AUM close to Rs 65,000 crore

Posté

Investor interest in gold-backed mutual funds soared in June, with Gold ETFs attracting substantial net inflows of Rs 2,081 crore, marking a five-month high. This surge, fueled by resilient gold prices, market volatility, and geopolitical tensions, signifies a shift in investor sentiment towards gold as a safe-haven asset. The segment's AUM also witnessed a rise, reaching Rs 64,777 crore.

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