• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

India’s Gold Etfs Attract $233 Million In August

OMMCOM NEWS by OMMCOM NEWS
September 8, 2025
in Business

New Delhi: India’s gold exchange-traded funds (ETFs) saw net inflows of $233 million in August 2025, marking a 67 per cent jump from the $139 million reported in July, as per World Gold Council data.

This marks the third straight month of inflows globally, and the fourth month of inflows in India, highlighting steady investor appetite for the yellow metal. Except for March and May, every month of 2025 has seen inflows.

In India, the price of 24-carat gold per gram is at Rs 10,634 on Monday, according to data published by the India Bullion and Jewellers Association (IBJA).

Year-to-date inflows in ETFs stood at $1.23 billion, just shy of the full-year total of $1.29 billion for 2024. India’s gold ETFs attracted approximately $310 million in 2023, up from $33 million in 2022.

Analysts indicate that ongoing allocations highlight gold’s attractiveness as a hedge against equity weakness amid global trade and geopolitical risks.

Gold prices have surged nearly 35 per cent this year, touching a record high of $3,500 per ounce on April 22 after a stock-market slump triggered by US President Donald Trump’s criticism of Federal Reserve Chair Jerome Powell.

Concerns about the Fed’s independence increased as Trump attempted to remove Governor Lisa Cook, leading investors to seek safe-haven assets.

Gold ETFs offer investors liquid, low-cost exposure to physical gold prices, eliminating the need for storage concerns.

Globally, physically backed gold ETFs added $5.5 billion in August, extending a three-month streak of inflows. North American funds led with $4.11 billion, followed by Europe with $1.95 billion, while Asia posted net outflows of $496 million. China experienced its second consecutive month of withdrawals in August, totalling $834 million, following $325 million in July.

Global gold ETF assets under management rose 5 per cent to a record $407 billion, driven by strong inflows and firmer prices. Holdings increased to 3,692 tonnes, remaining 6 per cent below the November 2020 peak.

Analysts linked the ongoing rally to expectations of a US Fed rate cut at the September 17-18 meeting, weak US payroll data, concerns over tariff inflation, and increased industrial demand for silver from EVs and solar.

Market forecasts indicate a 91 per cent likelihood of a 25-basis-point rate cut at the upcoming US Federal Reserve meeting.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

Veteran BJD Leader And Nuapada MLA Rajendra Dholakia Passes Away At 69

Next Post

Odisha CM, Deputy CMs Condole Demise Of Nuapada MLA Rajendra Dholakia

Related Posts

Business

Gold Surges Rs 1,700, Silver Jumps Rs 1,200 To Hit Fresh All-Time Highs

September 8, 2025
Indian Stock Markets
Business

Sensex Ends 70 Points Higher, Nifty Nears 24,800

September 8, 2025
Business

Stock Market Opens Higher, Auto Stocks Lead Rally Over GST Booster

September 8, 2025
GST
Business

Nil GST On Life, Health Insurance To Boost Affordability, Consumption

September 8, 2025
Income Tax Bill 2025
Business

Taxpayers Urged To File Itrs As Sep 15 Deadline Nears

September 7, 2025
Business

India Amps Up Connect Central Asia Policy With Key Focus On Chabahar Port Amid Swaying Diplomatic Dynamics

September 7, 2025
Next Post

Odisha CM, Deputy CMs Condole Demise Of Nuapada MLA Rajendra Dholakia

Utkal University Launches Operation Blue Star To Evict Outsiders From Boys’ Hostels

BJP Tears Into Opposition’s V-P Pick Over Meet With RJD Chief Lalu Yadav

Khimji
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.