Changes in central bank policy, heightened geopolitical concerns, and equities market volatility have all contributed to the popularity of gold exchange-traded funds (ETFs). For investors worldwide who wish to place their money in the yellow metal, gold exchange-traded funds (ETFs) have proven to be a useful tool.
According to data from AMFI, the trade association for mutual funds, domestic gold exchange-traded funds (ETFs) saw net inflows of Rs 12,448 crore during the previous 21 months.
According to data gathered from the World Gold Council, as of October 31, 2024, the total amount of actual gold held by Indian gold exchange-traded funds (ETFs) had nearly doubled over the previous four years, reaching a record high of 54.5 tonnes. It was 27.4 tonnes over the same time frame four years ago. Changes in central bank policies, rising geopolitical threats, and stock market volatility appear to have contributed to the continuation of the gold rush. Both small and major investors made impressive inflows into the industry.
