Gold and silver ETF assets double in six months on record inflows

Surges past Rs 1.5 trillion in November as inflow momentum sustains

Gold and silver holdings of domestic mutual funds (MFs) have more than doubled over the past six months, driven by record inflows into exchange-traded funds (ETFs) and a sharp rise in precious metal prices.

 

Gold and silver ETFs had combined assets under management (AUM) of around ₹1.6 trillion at the end of November, more than double the ₹79,319 crore in May 2025, shows data from the Association of Mutual Funds in India.

 

Inflow data derived from the latest AUM figures indicates that while the inflow momentum slowed in November, it remains elevated compared to the recent past. The ETFs likely