News From Press Are investors losing interest in Gold ETFs?

Are investors losing interest in Gold ETFs?

Source: Moneycontrol Nov 19, 2020

In these pandemic times, gold has lived up to its safe-haven appeal, and has outperformed several asset classes. The yellow metal has delivered a return of 32 percent over the past one year. Retail and high net-worth investors participated in the gold rally by opting for gold ETFs. The gold ETF category attracted net inflows of as much as Rs 6,244 crore and its AUM (assets under management) more than doubled over the past year.

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