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  • News From Press Investors press exit button; withdraw money from gold ETFs in Oct to book profit

    Investors press exit button; withdraw money from gold ETFs in Oct to book profit

    Source: The Economic Times Nov 13, 2019


    Investors pulled out a little over Rs 31 crore from gold exchange traded funds (ETFs) in October, after infusing nearly Rs 200 crore in the safe-haven asset in the preceding two months, primarily due to profit booking. Gold ETFs witnessed a net infusion of Rs 44.11 crore in September and Rs 145.29 crore in August, the first inflow since November last year, when Rs 10 crore was infused in such instruments.

    Prior to this, gold ETFs had seen a net inflow of Rs 20 crore in October 2016 an ..

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