Gold ETFs attract Rs 1,328 cr in Q1; inflow to continue in coming months

Quantum Mutual Fund Sr Fund Manager, Alternative Investment, Chirag Mehta said that inflows in gold ETFs were significant in the June quarter last year on account of significant economic uncertainty due to the COVID-19 pandemic. This year given the optimism surrounding economic recovery, inflows have slowed a bit. Divam Sharma, Co-founder at Green Portfolio, said the first half of 2020-21 saw high inflows into gold ETFs as there was uncertainty with Covid 1.0.

from Markets-Economic Times https://ift.tt/2VVH6B6