AMFI reports Rs 726.16 crore June inflow in gold ETFs, following Rs 827.43 crore in May and a Rs 395.69 crore April outflow. H1 2024 inflows total Rs 3,185 crore, with a 24% AUM rise. Global inflation, AUM surge drive appeal. LIC MF Gold ETF and oldest Nippon India ETF top performers, per Melvyn Santarita.
Gold rises but investors stay cautious about ‘hawkish’ Fed tone
Gold prices saw a slight uptick on Tuesday, despite a minor dip in expectations for U.S. interest rate cuts. Investors are cautiously awaiting the Federal