InvestorQ : Is it true that gold ETFs are now seeing good inflows?
Debbie Mascarenhas made post

Is it true that gold ETFs are now seeing good inflows?

Arti Chavan answered.
1 year ago

This trend is yet to be visible in India and we would only know when the mutual fund data for the month comes out. However, it is true that globally gold ETFs are attracting a lot of interest. That is hardly surprising. Gold ETFs as well as ETFs on precious metals saw massive inflows and that has been the trend during 2022. The trend was highlighted in the light of rising geopolitical tensions between Russia and Ukraine.

Let us look at some of the numbers. While gold ETFs saw $7.8 billion outflows last year amidst risk-on trading in 2021, the inflows were to the tune of $4.7 billion in 2022, as investors are turning risk-off. SPDR Gold Shares dominated the sweepstakes with inflows worth $3.2 billion, while silver ETFs were not too far behind. To a large extent, the Russian attack on Ukraine has markets in panic mode. Palladium and platinum too surged on 24-Feb.