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13May 2024

GOLD ETFS EXPERIENCE INITIAL OUTFLOW POST MARCH 2023, CITING PROFIT BOOKING

Why in the news? Gold ETFs witness first net outflow since March 2023, attributed to profit booking amid a 5% rise in assets under management. source:wordpress  About the Gold ETF Outflows: Gold Exchange Traded Funds (ETFs) experienced a net outflow of Rs 396 crore in April, marking the first withdrawal since March 2023. This outflow …

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