Inflows in Gold ETF hit 16-month high at Rs 1,028 crore in August

According to data, gold-linked ETFs have seen an inflow of Rs 1,028 crore in August. This came following an inflow of Rs 456 crore in the segment in July. The month of August witnessed the highest monthly inflow into Gold ETFs since April 2022 when the category attracted Rs 1,100 crore on the back of the Russia-Ukraine war. Flows into Gold ETFs have been subdued since then as the US Federal Reserve embarked on its tightening cycle.

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