Gold ETFs see first outflow in 7 months
The latest outflow has pulled down the assets under management (AUM) of gold ETFs to ₹13,240 crore at the end of November
After seven straight months of net inflows, gold exchange traded funds witnessed a pullout of ₹141 crore in November, data from the Association of Mutual Funds in India (Amfi) showed. This category has seen inflows since April 2020, although the pace of investment has been trending downwards since July.
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