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Gold ETF inflows eclipse equity funds as investors chase bullion boom in record-breaking rally
Gold ETFs saw record inflows of Rs 24,040 crore in January, narrowly surpassing equity mutual funds. This surge, a 106% month-on-month jump, signals a potential shift in investor strategy, with gold ETFs becoming a preferred safe-haven and diversification tool amidst market volatility and inflation concerns.
Sources: Economic Times - Markets, Hindu, NDTV +13 more
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