MintLean R·
Gold loses shine? ₹725 crore exits Gold ETFs - Should mutual fund investors be worried?
Gold ETFs experienced a net outflow of ₹725 crore in May, marking the first month of redemptions after 13 months of inflows. Despite this, experts suggest the market sentiment towards gold remains intact, viewing the trend as a result of profit booking. Silver ETFs also faced continued outflows.
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