Gold ETFs witnessed a sharp rise in investor interest in August, with monthly inflows jumping 67% to Rs 2,596 crore from Rs 1,558 crore in July, according to the latest data from the Association of Mutual Funds in India (AMFI).
The recent rise in gold ETF inflows comes amid gold’s strong performance and continued global uncertainty. Investors have also been assessing the impact of interest-rate expectations, currency movements and bond yields on gold prices.