News From Press Gold ETFs attract Rs 4,814-cr in 2021 on inflation, higher mkt valuations

Gold ETFs attract Rs 4,814-cr in 2021 on inflation, higher mkt valuations

Source: Business Standard Feb 7, 2022

Gold exchange traded funds (ETFs) remained in favour in 2021 with the segment attracting Rs 4,814 crore primarily due to firming of inflation and elevated market valuations.

Although, the inflow was lower compared to Rs 6,657 crore seen in 2020, data with Association of Mutual Funds in India (Amfi) showed.

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