Profit booking drives 47% drop in February gold ETF inflows despite all time high prices
Saturday, 15 March 2025 () Gold ETFs inflows dropped 47.22% to Rs 1,979 crore in February despite record-high gold prices, reflecting profit-taking and equity market opportunities. However, inflows still saw a 99% year-on-year increase. UTI Gold ETF led with 3.70% returns. Gold remains an essential portfolio diversifier amid global uncertainty, with AUM growing 7% to Rs 55,677 crore.
Gold prices are high - but here’s why investors are still flocking to it
Looming trade wars, along with increasing global debt, are driving investors to the precious metal.
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Credit: euronews (in English) Duration: 04:45Published
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Saturday, 15 March 2025 ()
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