Indian gold ETF holdings hit highest level since September 2013: WGC2 min read . Updated: 08 Oct 2021, 09:14 AM IST
- Monetary policy shifts by global central banks may challenge gold going ahead. The US Federal Reserve finally signalled that it was almost ready to begin tapering asset purchases – perhaps as soon as November. The imminent tapering, and likely subsequent rate hikes, can be a headwind for gold
NEW DELHI: Holdings in Indian gold exchange-traded funds (ETFs) hit their highest since September 2013, driven by heightened volatility in stock markets and a correction in domestic gold prices, the World Gold Council (WGC) said in a report.
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