The Gold ETF category continued to receive net inflows for the sixth straight month in September. The category received inflows of Rs 597 crore in September, taking its year-to-date total to Rs 5,957 crore, data from Association of Mutual Funds in India show.
Gold prices came-off its all-time high of about Rs 56,200 it hit in August, after witnessing almost an uninterrupted rally this year. This probably has provided a good entry point for investors to invest in yellow metal. On Friday, December gold futures were up 0.8 per cent on MCX to Rs 50,584 in early trade.
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