Section

Gold ETFs get Rs 7,367 crore inflow in 2024 with no new gold bond issue in last 9 months

By Economic Times - 2 weeks ago
In 2024, Gold ETFs have seen a significant surge in inflows, reaching Rs 7,367 crore compared to Rs 2,919 crore in 2023, driven by limited issuance of new Sovereign Gold Bonds and geopolitical tensions. Experts recommend a cautious approach, allocating 8-10% of the portfolio to gold investments.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.