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Gold Funds News

11 Jul 2017

Gold ETFs see Rs 200 crore outflow in Q1; asset base slumps 22%

Gold exchange traded funds (ETFs) continued losing steam as an investment class with investors pulling out more than Rs 200 crore from the instrument in the first quarter of the current fiscal, preferring equities over them.

gold exchange traded funds

10 Apr 2017

Investors exit gold ETFs, withdraw Rs 775 crore in FY17

Investors remained bearish on gold exchange-traded funds (ETFs) as they pulled out Rs 775 crore from the instrument in the last fiscal, making it the fourth consecutive financial year of outflow.

14 Mar 2017

Investors exit gold ETFs, withdraw Rs 695 crore in 11 months

Gold exchange-traded funds (ETFs) saw a net outflow of Rs 46 crore in February, taking the total to Rs 695 crore in the first 11 months of the current fiscal, primarily on account of profit booking.

20 Jul 2016

Gold ETFs continue to see outflow in June on profit-booking

Investors remained bearish on gold exchange-traded funds (ETFs) in June and pulled out Rs 80 crore from this instrument, taking the total to Rs 228 crore in the first quarter of the current financial year, mainly on account of profit booking.

25 May 2015

China sets up gold fund as part of Silk Road initiative

The fund`s activities could take in the launch of gold-backed exchange-traded funds and buying stakes in listed gold companies and mining firms.

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