Gold ETFs witnessed a surge in August, with inflows jumping 74% to ₹2,189 crore, driven by its appeal as a portfolio diversifier amid global uncertainties. Experts highlight gold’s role as a hedge against volatile equity markets and geopolitical tensions.
US stocks today: S&P 500, Nasdaq end higher, notch weekly gains after earnings-heavy week
The S&P 500 and Nasdaq reached record highs, fueled by strong earnings and falling crude prices, marking their longest weekly gain streak since October 2024.