Investors withdrew nearly ₹3,000 crore from gold and silver ETFs in May as prices retreated from record highs, triggering profit booking and portfolio reallocation
Inflows into small-cap, mid-cap and large-cap funds fell 28.2 per cent , 33.2 per cent and 36.9 per cent, respectively
In the international market, Gold fell on Wednesday, as oil prices rose on renewed hostilities between the US and Iran, fuelling concerns about inflation and interest rate hikes.
Are curbs merely operational, or do they hint at overheating? Experts weigh in on the implications
Existing investors should book partial profits if overweight; new ones should build exposure in a staggered manner
In the international market, spot gold fell 0.2 per cent to $4,319.09 per ounce on rising fears of a US rate hike after a strong jobs report, while renewed hostilities in West Asia
Gold April futures on the MCX traded higher by 3.78 per cent at ₹1,44,370 per 10 gm, while silver May futures gained 5.54 per cent to ₹2,36,338 per kg
Existing investors should rebalance but avoid complete exit
February flows trail January's record amid profit booking
Gold futures for April delivery edged higher to ₹1,56,050 per 10 gram on the MCX during the morning session, while silver futures for March delivery rose to ₹2,44,901 per kilogram
A rally in gold and silver pushed MF investor additions to an 18-month high in January, with 1.2 million new investors joining and precious metal ETFs driving most folio growth
Gold, silver ETF inflows hit ₹33,5O0 crore as investors looked to join the precious metal rally
The January inflow in Gold ETFs exceeded - albeit by a whisker - the net investment in 'growth/equity-oriented' schemes in January, which stood at Rs 24,028.59 crore, AMFI data showed
While the market was already stretched, one of the triggers for the selloff came from a sharp change in expectations around US monetary policy.
Gold and silver ETFs extended their decline amid a sharp global sell-off in precious metals, prompting BSE to revise price band calculations to T-1 NAV to better reflect heightened market volatility
At 10:33 AM, Tata Silver fell 15 per cent, Nippon Silver ETF, Mirae Asset Sharekhan, Aditya Birla Sun Life Silver ETF, and Bandhan Silver ETF slipped around 12 per cent
Becomes third-biggest market globally after US and China in terms of yearly inflows
These funds now account for 17.4% of industry AUM, up from 16.6% in December 2024
The value of gold, the note said, is only 60 - 70 per cent of the jewellery purchase price. The weak performance of diamonds, which form a meaningful part of the jewellery purchase price, caps gains.
On the downside, gold prices, WGC said, can slip 5 per cent to 20 per cent in CY26. For that to happen, Donald Trump's policies need to succeed, resulting in stronger-than-expected growth.