Gold investment trend: India's gold ETFs hit biggest-ever $10 billion AUM; weaker rupee and global uncertainty fuel demand
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Indian gold ETFs witnessed their largest-ever monthly inflow in September, reaching a record $10 billion in assets. This surge, driven by weak stock markets, geopolitical worries, and a depreciating rupee, saw investors pour $902 million into the safe-haven asset. This marks a significant shift from traditional physical gold holdings, with urban investors increasingly favouring ETFs amid soaring gold prices. What's Your Reaction?
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