Despite Gold Exchange-Traded Funds (ETFs) receiving record inflows in 2020, greater than any previous full year, gold remains an under-owned asset, Chirag Mehta, Senior Fund Manager, Alternative Investments, Quantum Mutual Fund to Moneycontrol.
Gold-backed exchange-traded funds registered eighth consecutive month of positive flows, adding 166 tonnes in July - equivalent to $9.7 billion or 4 percent of assets under management (AUMs), according to the World Gold Council.
