Gold ETFs saw inflows for the seventh straight month in October, taking total flows this year to Rs 6,341 crore.
Flows in October moderated to Rs 384 crore from Rs 597 crore seen in previous month. According to experts, gold functions as a strategic asset in an investor’s portfolio, given its ability to act as an effective diversifier, and alleviate losses during tough market conditions and economic downturns. "With all major economies struggling to get back on growth trajectory due to the adverse and huge economic impact of coronavirus pandemic, gold, with its ...
