Gold ETF inflows fall 22%, but silver jumps 57% in October. Is it time to rebalance your portfolio?
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Gold ETF inflows fell 22% in October, while silver ETFs saw a 57% jump.
- ✓Vishal Dhawan said, "a substantial part of the jump in silver ETF inflows could be attributed to short-term momentum." Many investors got interested in silver as it looked affordable, though gold remains a safe choice.
Story at a Glance
- Category
- Indian Markets
- Reported By
- The Economic Times
- Reading Speed
- 8 Minute(s)
- Market Focus
- India Economy
Synopsis
In October, gold ETFs saw a significant drop in inflows, decreasing by 22% from the previous month. In contrast, silver ETFs experienced a striking surge of 57% in inflows. This shift sparks curiosity regarding changing investor preferences between these metals. Analysts suggest that the uptick in silver may be driven by transient trends rather than a substantial market shift. Investors should evaluate their risk tolerance before adjusting their investment strategies.
Inflows into gold exchange-traded funds (ETFs) declined 22% in October, while silver ETFs witnessed a 57% jump, according to data released by the Association of Mutual Funds in India (AMFI). The contrasting trends show that investors are showing less interest in gold ETFs and greater interest in silver ETFs, even though both metals remain part of investment portfolios.
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The Economic Times
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