Logo


Retail investors flock to gold ETFs

Indian retail investors are betting big on gold exchange-traded funds (ETFs). At a time when domestic mutual funds find it difficult to keep retail investors in equity schemes, rising retail participation in gold ETFs has brought it some relief. Though the historically high prices have hit jewellery retail sales, as buyers anticipate an imminent correction from current levels, the steep rally seems to have not deterred investors getting into gold ETFs. During April-July, the investor-base in gold ETFs expanded 24 per cent. More, in just these four months, the industry mobilised more than ...