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
Avoid over 5% exposure and have 5-7 years of investment horizon
Total inflow was $341.7 million for the week ended April 30, up from $81.1 million in the previous week
Global index provider will soon decide on 'extreme price increase' criteria
So far, FY21 has seen sale of 32.4 tonnes worth of sovereign gold bonds and 13 tonnes of exchange-traded funds
Prior to this, gold ETFs had seen an outflow of Rs 141 crore in November, Association of Mutual Funds in India data showed
Investors will only be protected if they hold these funds until maturity
ETFs storing gold for shareholders grew rapidly during the coronavirus crisis as investors amassed what they saw as a safe asset
With just three or four passive products, you can build a solid, long-term portfolio
Inflows into ETFs that invest in India stood at $120 million, up 25% over the previous week
The Ontario Securities Commission has approved the launch of Purpose Bitcoin ETF, Toronto-based asset management company Purpose Investments Inc. said in a statement
This makes it the eleventh consecutive quarter of withdrawals
The slowdown came as some investors questioned the recent euphoria in risk assets
The government has amended the labour ministry's notification in this regard
"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
But active investment still holds the edge among individual investors
ETFs have been a favoured strategy for the government, with around 80 per cent of last fiscal year's sale proceeds coming from such transactions.
Fund houses have launched ETFs in both equity and debt segments
In the past five months of FY21, AUM have surged more than Rs 60,000 crore, or 41%
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