Page 8 - Gold Etfs

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

Equity schemes clock largest outflows in 7 years as redemptions pick up

Gold ETFs drew largest monthly flows in five months amid risk-aversion

Street signs: Liquidity boost for small-caps, tailwind for gold, and more

Those invested in YES Bank's Rs 15,000-crore follow-on public offering (FPO) had something to cheer last week

Gold ETFs clock 8th consecutive month of positive flows, says WGC

Gold ETFs and similar products recorded their eighth consecutive month of positive flows, adding 166 tonnes in July -- equivalent to $9.7 bn or 4% of AUMs, the World Gold Council said

Selling gold to raise cash? Know how to sell and the tax implications

Ideally you should sell it to the jeweller you bought the gold from, or a reputable retailer to get a better rate

International gold price flirting with all-time high seen nine years ago

US-China friction has weakened the dollar index, while disappointing US Jobless claims data has also pushed gold prices higher

Gold price jumps to Rs 45,177 per 10 gm; silver rallying at Rs 50,975 a kg

In New Delhi, the price of 22-carat gold rose to Rs 47,510 per 10 gram

Gold ETFs attract Rs 3,500 cr in first half of 2020 amid safe-haven buying

Gold exchange-traded funds saw hefty net inflows of over Rs 3,500 crore in the first six months of this year as investors continued to hedge their exposure to riskier assets amid the Covid-19 crisis

Bullion experts propose separate gold saving account to promote paper gold

Currently, transaction in paper gold is available in the form of exchange-traded fund