News > Gold ETFs clock record inflow of Rs 1,961 crore in Oct

Gold ETFs clock record inflow of Rs 1,961 crore in Oct

Gold exchange-traded funds (ETFs) marked a surge of 59 per cent on a month-on-month (MoM) basis, driven by the expectation of an increase in the yellow metal prices during the festive and marriage season. This was over two-fold higher than the Rs 841 crore inflow in October 2023. The inflow helped raise the AUM of gold funds by 12 per cent to Rs 44,545 crore by the end of October from Rs 39,823 crore in the preceding month.