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2025-04-24 03:33:25 pm | Source: Mirae Asset Global Investments Pvt. Ltd
Quote on Gold ETF by Mr. Siddharth Srivastava, Mirae Asset Investment Managers
Quote on Gold ETF by Mr. Siddharth Srivastava, Mirae Asset Investment Managers

Below the Quote on Gold ETF by Mr. Siddharth Srivastava, Mirae Asset Investment Managers 

 

 

“Gold and Silver ETFs are seeing good demand from the investors. In Last one year, commodity ETFs have seen inflow of around 24,000 Cr and almost 13,500 Cr in last 6 months taking the total AUM to more than 74,000 Cr as of March 31, 2025. Both folio count and exchange trading has also increased. This is driven by the good performance of both precious metals and increasing acceptance of commodity ETFs which provides low cost, safe, high purity and highly liquid way of investing in these precious metals.
 

Tailwinds supporting gold prices continue to exist—geopolitical issues, concerns around U.S. tariffs, increasing chances of a U.S. recession, higher inflation and weakness in the US Dollar. We're also seeing central banks around the world continuing to buy gold. All of this is still providing support to gold prices, though we are seeing cooling down of demand in jewellery market. The Gold has already shown a strong one-way rally with 1 year return around 30% with several of the aforementione

 

 

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