Inflows in Gold ETFs surge by 74% to Rs 2,189 crore in August. Here is why

Inflows in Gold ETFs surge by 74% to Rs 2,189 crore in August. Here is why

The inflows in Gold ETFs in August surged by 74% to Rs 2,189 crore compared to Rs 1,256 crore in July. On a year-on-year basis, inflows rose 36% from Rs 1,611 crore in August 2024. An expert said the healthy net inflows reflect gold’s enduring appeal as both a portfolio diversifier and a tactical hedge … Read more

Commodity Talk: Gold has more room to run and potential for stronger diversification, says UBS’ Joni Teves

Commodity Talk: Gold has more room to run and potential for stronger diversification, says UBS’ Joni Teves

We remain bullish on gold and think diversification should continue to drive prices higher. We don’t think positioning is crowded and there is plenty of room for investors to continue building gold allocations, says Joni Teves, Precious Metals Strategist at UBS Investment Bank. She thinks risks are skewed to the upside for gold, with the … Read more