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'Volatility in stocks boosts gold ETFs'
The Business Guardian
|January 10, 2025
The stock market volatilities have boost the investments in the gold Exchange Traded Funds (ETFs) in India, as the country witnessed its eighth consecutive month of inflows into ETFs in December 2024, the world Gold Council (WGC) stated in its commentary.
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The trends for gold ETFs reflect rising investor interest in the metal as equity market volatility persisted. The gold price today for 10 grams of 24k gold (99.9 per cent) in Delhi, India is 79,830.00 Indian Rupee. The WGC further highlighted that the pace of inflows has moderated compared to earlier months.
This story is from the January 10, 2025 edition of The Business Guardian.
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