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Gold ETFs witness third straight month of inflows; AUM rises 10% YTD

But the quantum of inflows, at Rs 203 crore, was much lower than the Rs 1,100 crore seen in April

Topics
Gold ETFs | AUM | Markets

Mayank Patwardhan 



gold
Photo: Bloomberg

Gold exchange-traded funds (ETFs) logged a third straight month of net inflows in May. But the quantum of inflows, at Rs 203 crore, was much lower than the Rs 1,100 crore seen in April. Domestic gold prices fell close to 2 per cent in May amid forecasts of a global economic growth slowdown. The S&P dropped 2.6 per cent last month. In the past three months, investors have poured in over Rs 1,500 crore in offered by domestic mutual funds.

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First Published: Fri, June 10 2022. 09:57 IST

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