News From Press Gold ETFs register first inflow in 9 months in August at Rs 145-crore on higher gold prices

Gold ETFs register first inflow in 9 months in August at Rs 145-crore on higher gold prices

Source: Financial Express Sep 11, 2019

Gold exchange-traded funds witnessed a net inflow of Rs 145 crore in August, making it the first such infusion in nine months, as higher gold prices and weak rupee have made investors bet big on this safe-heaven asset.

This also marks the highest inflow since December 2012, when gold exchange-traded funds (ETFs) had seen a net infusion of Rs 474 crore.

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