News From Press Gold ETFs witness third straight month of inflows; AUM rises 10% YTD

Gold ETFs witness third straight month of inflows; AUM rises 10% YTD

Source: BS Jun 11, 2022

Gold exchange-traded funds (ETFs) logged a third straight month of net inflows in May. But the quantum of inflows, at Rs 203 crore, was much lower than the Rs 1,100 crore seen in April. Domestic gold prices fell close to 2 per cent in May amid forecasts of a global economic growth slowdown. The S&P BSE Sensexdropped 2.6 per cent last month.

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