Gold Etfs Akshaya Tritiya
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
 "Global gold ETFs lose $6.7bn in 2024; worst H1 drop in 11 years: WGC")
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 see first outflow post March 2023 at Rs 396 cr on profit booking")
India's jewellery demand dips 41% to 11-year low in March quarter: WGC
Global holdings of physically-backed gold ETFs and similar products jumped by 298 tonnes during the March quarter - the highest quarterly inflows for four years
 "India's jewellery demand dips 41% to 11-year low in March quarter: WGC")
Akshaya Tritiya fails to spark gold ETFs
Gold ETF turnover on NSE was Rs 41 cr, 33% higher than last year, but 94% lower than that recorded in 2013
 "Akshaya Tritiya fails to spark gold ETFs")
