Page 3 - Gold Etf

Investors hold on to gold ETFs even as prices slump after custom duty cut

Adjusted for fall in NAV, AUM of gold ETFs remain unaffected

Global gold ETFs lose $6.7bn in 2024; worst H1 drop in 11 years: WGC

WGC defines gold ETFs as regulated securities that hold gold in physical form. These include open-ended funds traded on regulated exchanges and other regulated products like closed-end funds and MFs

Biggest global gold ETFs by AUM see $3.9 bn outflow in 5 months. Check why

On the other hand, gold prices have seen a rise in the last few months amid steady demand, especially from the global central banks

Gold price slips Rs 10 to Rs 72,430, silver falls Rs 100 to Rs 91,400

In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 66,540, Rs 66,390, and Rs 66,540, respectively

Gold ETFs see first outflow post March 2023 at Rs 396 cr on profit booking

Gold Exchange Traded Fund (ETF) witness a net outflow of Rs 396 crore last month, making it the first withdrawal after March 2023, owing to profit booking. Despite the decline, the asset under management (AUM) of gold funds rose 5 per cent to Rs 32,789 crore at April-end from Rs 31,224 crore in the preceding month, according to the data with the Association of Mutual Funds in India (Amfi). As per the data, Gold ETFs saw a net withdrawal of Rs 396 crore in April as compared to an inflow of Rs 373 crore in the preceding month. The last time this asset class witnessed net outflow was in March 2023, withdrawing Rs 266 crore. "In INR terms, gold has done fairly well over the last year but dwarfs in comparison to how equities have fared. Given this backdrop, flows in the Gold ETF category have been somewhat patchy relative to the equity asset class. That said, investors could have opted to book some profits in this segment which has resulted in the asset class witnessing net outflows ...

Gold ETFs posts Rs 103 cr inflow in May, falls by 21 cr from April

Gold exchange-traded funds (ETFs), considered a safe haven during uncertain times, continue to glitter as they received a net inflow of Rs 103 crore in May. The development comes after a net inflow of Rs 124 crore witnessed in the asset class in April. Before that, investors withdrew Rs 266 crore from Gold ETFs in March, data from the Association of Mutual Funds in India (Amfi) showed. The slightly low inflow in May compared to the preceding month could be attributed to profit booking. Gold price came off its highs towards the second half of May on the back of positive news with regards to the US government raising the debt ceiling, thereby providing some buying opportunity, particularly after a sharp rally it witnessed since March this year, Melvyn Santarita, Analyst-Manager Research, Morningstar India, said. "With gold prices still trading at high levels, some investors would have chosen to book profits or take on risk on approach with a view that central banks would pause furthe

Gold ETFs acquire patina of 4-year low investment in FY23, shows data

Returns, however, beat other asset classes

Gold ETF flows shrink despite superior returns, shows Amfi data

Between October 2021 and September 2022, gold prices rose over 9.5 per cent even as ETF inflows shrunk to a half

Gifts received from non-relatives of above Rs 50,000 a year are taxable

Gifts from employer become taxable once their value exceeds Rs 5,000; bonus is also taxable

20% allocation in gold ETF a better investment strategy: Quantum AMC

At a time when there are many risks and uncertainties in the global economy, a 20 per cent allocation to gold ETFs in an investment portfolio during Diwali is ideal, said Quantum AMC

Gold ETFs log first monthly outflows in five months, shows data

The latest bout of outflows come amid a sharp surge in the equity markets

IIBX at GIFT City: A potential gold standard for the bullion trade

IIBX has the potential to ease the hassle involved in importing precious metals

Gold demand in India back to pre-Covid levels in September quarter: WGC

Typically, July - September is a seasonally weak period for gold demand due to monsoons and inauspicious periods like Pitru-Paksha when buyers usually prefer to postpone gold purchases

Global Q3 gold demand down 7% at 831 tonnes ETF outflows: WGC

The total demand stood at 894.4 tonnes during the third quarter of 2020, WGC's Q3 Gold Demand Trends 2021 report said on Thursday.

Gold ETFs post seventh straight month of inflows in October

Total flows this year reach Rs 6,341 crore

Gold ETFs continues to see inflows for sixth straight month in September

The category received inflows of Rs 597 crore in September, taking its year-to-date total to Rs 5,957 crore

Top headlines: Vodafone India biz, President's rule in Maharashtra & more

From 5G spectrum auction to Maharashtra politics, here are the top news stories that made headlines today

Problems of gold deposit schemes

Banks, ETFs, and jewellers can get into some arrangement, but regulation can hobble the process

ICICI AMC and Nippon India MF planning silver exchange-traded funds

At present, while there are several options for investors looking to put their money in gold, those investing in the white metal can only buy physical silver

Investors take cover as gold ETFs post longest run in a decade

Bullion has climbed in 2019 as the U.S.-China trade war hurts global growth and central banks loosen policy