 "Gold, silver")
Gold and silver exchange-traded funds (ETFs) saw an extraordinary rise in demand during the calendar year (CY) 2024, driven by higher prices and favourable tax adjustments.
In the first 11 months of CY 2024, investors poured nearly Rs 19,000 crore into gold and silver ETFs, compared to Rs 9,485 crore in CY 2023, according to data from the Association of Mutual Funds in India.
The rally in gold and silver prices this year was shaped by multiple factors, primarily central bank policies and geopolitical tensions, experts say.
“A range of other dynamics, such as supply-demand imbalances and domestic market conditions,
