Investors infused over ₹1,600 crore in gold exchange-traded funds (ETFs) in 2019-20, after pulling out money for the last six financial years, as the coronavirus outbreak spurred safe-haven buying.
Given the threat posed by the coronavirus pandemic to the global economy and markets, this segment may continue to gain traction going ahead, said Himanshu Srivastava, Senior Analyst Manager Research, Morningstar India.
