Page 2 - Gold Etfs

Gold ETFs attract Rs 303 crore in Oct on festive season demand

Gold exchange-traded funds (ETFs) continue to attract investor attention as they garnered net assets worth Rs 303 crore in October due to festive season demand. This was, however, lower than the net inflow of Rs 446 crore seen in September. Before this, the segment saw a net inflow of Rs 24 crore in the previous month, data with Association of Mutual Funds in India (Amfi) showed. "Gold ETFs saw a faithful inflow during October too of about Rs 303 crore. As expected, the festivities kept the asset class in demand. Gold sale level this Dhanteras at 50 tonnes was almost 20 tonnes more than the 2019 Dhanteras," Priti Rathi Gupta, founder, LXME, said. Investors might have chosen to buy physical gold given October is a festive month, Himanshu Srivastava, Associate Director Manager Research, Morningstar India, said. "The lower quantum of net inflow in October compared to the previous month could be attributed to the surge in gold prices in October that could have held investors back from

Gold ETFs attract Rs 446-cr in Sep; inflow may continue in coming months

With this, gold ETF category has received a net inflow of Rs 3,515 crore so far. The segment witnessed just one month of net outflows, which was in July.

Use the current phase of correction to build your allocation to gold

It can act as hedge against high inflation or slowdown

Glittering again: Investors flock to gold ETFs, shows Amfi data

The data from Association of Mutual Funds in India (Amfi) shows that gold ETFs saw net inflows of Rs 446 crore in September

Spot gold exchange - New investment avenue for Indians?

Sebi has approved guidelines for setting up of spot gold exchanges. Let us take a look at how the exchange would work and how it compares with other gold instruments

Buy digital gold for as low as Rs 100 this festival season: Details here

But those seeking greater safety should stick to SGBs or gold ETFs

Investors turn positive for Gold ETFs in Aug on positive global outlook

After witnessing net outflow in July, gold exchange-traded funds (ETFs) attracted Rs 24 crore in August on a positive global outlook, reflecting an improving sentiment towards the yellow metal.

Gold ETFs witness net outflow of 22.4 tonnes in August: World Gold Council

Gold-backed exchange traded funds (ETF) experienced net outflows in August of 22.4 tonnes, as North American outflows outweighed inflows into European and Asian funds, the World Gold Council said

Gold ETFs log Rs 61-cr outflow in July as investors pick equity, debt funds

Gold exchange traded funds witnessed a pullout of over Rs 61 crore in July as investors diverted their money to equity and debt funds that generated attractive returns.

Gold ETFs see first outflows in eight months, Rs 61.5 cr pulled out in July

Investors to shift money to other asset classes as prices of the yellow metal weaken

Gold ETFs attract Rs 1,328 cr in Jun qtr; inflow to continue: Experts

Gold exchange-traded funds (ETFs) attracted Rs 1,328 crore from investors in the quarter ended June 2021 and experts believe that inflows will continue in the coming months of the fiscal. In comparison, inflow in the category was much higher at Rs 2,040 crore in the same quarter last year, according to data available with Association of Mutual Funds in India (Amfi). Quantum Mutual Fund Sr Fund Manager, Alternative Investment, Chirag Mehta said that inflows in gold ETFs were significant in the June quarter last year on account of significant economic uncertainty due to the COVID-19 pandemic. This year given the optimism surrounding economic recovery, inflows have slowed a bit. "The higher net inflows in gold ETFs last year could be attributed to the onset of the pandemic which created massive uncertainties about asset prices and inflation, driving many investors to turn to gold ETFs," Arshad Fahoum, Chief Product Officer at Market Pulse, said. Making similar views, Divam Sharma, ...

Flows into global gold ETFs were mostly flat in June at 2.9 tonne

A report by World Gold Council (WGC) said that inflows into North American and Asian funds were primarily offset by outflows from European funds.

Inflow in Gold ETFs drops 57% in May amid strength in equities

Net inflow was at Rs 288 crore

Flows into gold exchange-traded funds moderate as equities rally

May saw gross redemptions of Rs 105 crore, compared to less than Rs 6 crore in the preceding month

Sheen is back with rise in gold prices, but pay heed to cost and liquidity

Investors seeking to benefit from this uptrend need to understand the pros and cons of the various investment options available to them

Street signs: Gold ETFs to gain traction, PLI may hurt battery firms & more

Gold has bounced back about 8 per cent from March 2021 lows of close to Rs 44,000 per 10 gram and is trading at Rs 47,600, owing to correcting dollar and treasury yields

Gold price slides 2% to three-week low on strong US dollar, yields

The dollar index jumped to a more than four-month high, making greenback-denominated gold more expensive for holders of other currencies.

Investors see more sheen in paper gold this year amid lower prices

So far, FY21 has seen sale of 32.4 tonnes worth of sovereign gold bonds and 13 tonnes of exchange-traded funds

Investors continue to be bullish on gold ETFs; invest Rs 491 crore in Feb

Prior to this, gold ETFs had seen an outflow of Rs 141 crore in November, Association of Mutual Funds in India data showed

85 tonnes of gold flowed out of ETFs in February as prices fell: WGC

ETFs storing gold for shareholders grew rapidly during the coronavirus crisis as investors amassed what they saw as a safe asset