Gold exchange traded funds (ETFs) continue to attract investor attention and have garnered net assets worth Rs 683 crore in November, as correction in the prices of the yellow metal and Omicron worries pushed investors towards safe haven assets. This was higher than the net inflow of Rs 303 crore in October and Rs 446 […]
Gold ETFs witnessed an inflow of Rs 921 crore in July 2020, a surge of 86 per cent from the preceding month, as new investors rushed to add the precious metal in their portfolios in view of higher prices. With this, net inflow in ETFs has reached to Rs 4,452 crore in the first seven months […]
Gold exchange traded funds saw net inflows of Rs 815 crore in May as investors preferred safe haven options amid stock market volatility and the coronavirus crisis. The category has been one of the better performing asset classes since last year. Since August 2019, gold ETF segment has received net inflows of Rs 3,299 crore. According to latest data […]
Gold prices jumped one per cent on Friday tracking positive trends in the global spot market on the back of record high US unemployment claims. On MCX, gold June futures were trading Rs 350 or 0.81 per cent higher at Rs 43,590 per 10 grams, while silver may futures were ruling at Rs 40,930 per […]
Trading volumes in gold have almost doubled in Turkey, thanks to the turmoil in its currency, after President Recep Tayyip Erdogan advised citizens of the beleaguered country to both buy and sell gold. Amid dramatic swings in the lira, the country’s bullion traders are now enthusiastically trading in gold. Gold futures volumes have surged on the […]
