| The sudden rise in gold prices both in the domestic as well as global markets amidst growing fears about a global growth slowdown have failed to boost inflows into Gold Exchange Traded Funds. While the pace of outflows from these schemes have slowed down during the past one month, fund managers said they are not seeing any fresh interest from small investors.
“We are yet to see any major inflows into gold ETF’s,” said Chandresh Kumar Nigam, MD and CEO of Axis Mutual Fund. Mr Nigam believes it is too early to witness any meaningful trend reversal in fund flows as gold prices started rallying higher only for the past two weeks...............................................Full Article: Source
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