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

By Economic Times - 4 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.

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