Page 5 - Gold Etfs

Gold ETFs witness net outflow of 22.4 tonnes in August: World Gold Council

Gold-backed exchange traded funds (ETF) experienced net outflows in August of 22.4 tonnes, as North American outflows outweighed inflows into European and Asian funds, the World Gold Council said

Gold ETFs log Rs 61-cr outflow in July as investors pick equity, debt funds

Gold exchange traded funds witnessed a pullout of over Rs 61 crore in July as investors diverted their money to equity and debt funds that generated attractive returns.

Gold ETFs see first outflows in eight months, Rs 61.5 cr pulled out in July

Investors to shift money to other asset classes as prices of the yellow metal weaken

Gold ETFs attract Rs 1,328 cr in Jun qtr; inflow to continue: Experts

Gold exchange-traded funds (ETFs) attracted Rs 1,328 crore from investors in the quarter ended June 2021 and experts believe that inflows will continue in the coming months of the fiscal. In comparison, inflow in the category was much higher at Rs 2,040 crore in the same quarter last year, according to data available with Association of Mutual Funds in India (Amfi). Quantum Mutual Fund Sr Fund Manager, Alternative Investment, Chirag Mehta said that inflows in gold ETFs were significant in the June quarter last year on account of significant economic uncertainty due to the COVID-19 pandemic. This year given the optimism surrounding economic recovery, inflows have slowed a bit. "The higher net inflows in gold ETFs last year could be attributed to the onset of the pandemic which created massive uncertainties about asset prices and inflation, driving many investors to turn to gold ETFs," Arshad Fahoum, Chief Product Officer at Market Pulse, said. Making similar views, Divam Sharma, ...

Flows into global gold ETFs were mostly flat in June at 2.9 tonne

A report by World Gold Council (WGC) said that inflows into North American and Asian funds were primarily offset by outflows from European funds.

Inflow in Gold ETFs drops 57% in May amid strength in equities

Net inflow was at Rs 288 crore

Flows into gold exchange-traded funds moderate as equities rally

May saw gross redemptions of Rs 105 crore, compared to less than Rs 6 crore in the preceding month

Sheen is back with rise in gold prices, but pay heed to cost and liquidity

Investors seeking to benefit from this uptrend need to understand the pros and cons of the various investment options available to them

Street signs: Gold ETFs to gain traction, PLI may hurt battery firms & more

Gold has bounced back about 8 per cent from March 2021 lows of close to Rs 44,000 per 10 gram and is trading at Rs 47,600, owing to correcting dollar and treasury yields

Gold price slides 2% to three-week low on strong US dollar, yields

The dollar index jumped to a more than four-month high, making greenback-denominated gold more expensive for holders of other currencies.

Investors see more sheen in paper gold this year amid lower prices

So far, FY21 has seen sale of 32.4 tonnes worth of sovereign gold bonds and 13 tonnes of exchange-traded funds

Investors continue to be bullish on gold ETFs; invest Rs 491 crore in Feb

Prior to this, gold ETFs had seen an outflow of Rs 141 crore in November, Association of Mutual Funds in India data showed

85 tonnes of gold flowed out of ETFs in February as prices fell: WGC

ETFs storing gold for shareholders grew rapidly during the coronavirus crisis as investors amassed what they saw as a safe asset

Investors should use correction to build allocation to gold: Experts

12-15% allocation is a must to counter volatility in equities

Street signs: Markets may correct for now, Heranba's GMP at 25%, and more

The fall in gold prices may be a boon for the gold ETF category, which has seen inflows of over Rs 1,000 crore in the past two months

Gold ETF flows turn negative after 7 months as price falls 12% since August

Currently, there are 11 Gold ETFs with assets under management (AUM) of Rs 13,800 crore offered by fund houses

Gold set for longest slump since March with ETF assets slipping

"We see downside risks building for gold's price," analysts from Morgan Stanley said in a note, citing higher yields next year in addition to Covid-19 vaccines

Gold exchange-traded funds see 5th consecutive month of inflows in August

Inflows in August came despite gold price coming off its all-time high, though it has risen 30% in the first eight months of the year

Chris Wood sees gold price trebling from current levels to $5,500/ounce

On a year-to-date (YTD) basis, gold prices have surged 27 per cent

Gold ETF inflows soar 86% to Rs 921 cr in July, rush of new investors

According to the data, a net sum of Rs 921 crore was pumped into gold-linked ETFs last month, higher than the net Rs 494 crore in June