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

Dununu.com Dununu

Sponsor

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

RSS Feed Business

Posted

40

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.

Read Full Article

Please log in to like, share and comment!

Marco Rubio to meet Chinese Foreign Minister Wang Yi on sidelines of ASEAN talks

US Secretary of State Marco Rubio will meet his Chinese counterpart Wang Yi on Friday in Malaysia...

By 0 3

Bamdev Gautam and Madhav Nepal to merge parties

KATHMANDU: Bamdev Gautam’s National Unity Campaign and the CPN (Unified Socialist), headed...

By 0 4

Karnataka bans fee hikes for nursing courses, threatens penalties for colleges charging above approved rates

By 0 4

DU LLB admission 2025-26: University of Delhi releases seat allotment schedule at law.uod.ac.in, check dates here

By 0 4

'He's got speed': Suryakumar reveals cricketer he would pick as his tennis doubles partner; attends Wimbledon

Suryakumar Yadav, the Indian cricket star, recently made his Wimbledon debut, expressing his...

By 0 10