Gold exchange-traded funds witnessed a net inflow of Rs 200 crore in January, making it the highest infusion in seven years, as geopolitical tensions in different parts of the globe and slowdown in global economy led investors to opt for the safe-haven. This also marks the third consecutive monthly inflow in gold exchange-traded funds (ETFs).
According to latest data available with Association of Mutual Funds in India (Amfi), a net sum of Rs 202 crore was pumped in gold-linked ETFs in January as compared to Rs 27 crore in the preceding month.
