| Indian gold funds are shrinking for the first time since June as investors in the biggest bullion-consuming nation follow billionaire George Soros in pulling money from products backed by the precious metal. Exchange-traded funds in gold saw outflows of Rs8 crore ($1.5 million), data from the Association of Mutual Funds in India show.
Investments in sovereign-debt funds rose by Rs446 crore, the sixth straight month of inflows. Gold prices in India have slid 4% this year, while rupee bonds returned 2.7%, the second-highest gains in Asia...............................................Full Article: Source
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